FHA LOANS
(Federal Housing Administration)
Backed by: The U.S. government
Ideal for: First-time buyers or those with lower credit scores
Credit score requirement: As low as 580 (sometimes lower with a larger down payment)
Down payment: Minimum 3.5%
Mortgage insurance: Required (upfront and monthly), often for the life of the loan
More flexible with income, credit, and past financial issues
Conventional Loans
Guaranteed and Purchased by Fannie Mae or Freddie Mac
Ideal for: Buyers with good credit and stable income
Credit score requirement: Typically 620+
Down payment: Minimum 3%, but 5–20% is more common
Mortgage insurance: Required if putting down less than 20%, but can be removed once you reach 20% equity
Stricter qualification standards, but often lower overall costs over time
Usually used for condominiums
DSCR Loans (Debt Service Coverage Ratio)
No tax returns or W-2s required
Fast Approvals
Perfect for self-employed or portfolio investors
Focuses on property cash flow, not your job history
If the rent covers the mortgage, you’re already halfway there.
No personal income required
Grow your investment portfolio.
Not for primary residence.
Foreign National Loans
Foreign national loans are mortgage loans offered to individuals who are not U.S. citizens or permanent residents
No U.S. credit score needed
Down payment as low as 20%
Minimal documentation
Ideal for vacation homes or investment properties
Loans available in many major U.S. markets
Refinancing
Access available equity
Lower interest rate
Lower monthly payment
Debt consolidation
Eliminate Mortgage Insurance on FHA insured loans.
Flexible Options: Tailored refinancing plans to meet your goals.
Expert Guidance: Support throughout the refinancing process.
Bank Statement Loans
For self-employed borrowers
No tax returns required
Minimum of 2 years employment history
Income used from an average of 12 months of deposits in bank statements
10% Down Payment minimum
Credit Scores over 640
30 year fixed loans
No prepayment penalties
ABOUT US
At Ed The Lender, we’re dedicated to helping you achieve your homeownership and investment goals with personalized mortgage solutions. Led by Eduardo Oropeza, a seasoned loan originator at In House Mortgage, we specialize in providing tailored financing options for a wide range of needs—from DSCR loans for real estate investors to conventional, jumbo, FHA, VA, and HELOC products.
Company NMLS: 2608710
Equal Housing Opportunity
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