Loan Options
Home Loan Purchase Financing
Home Purchase Loans in San Diego & California. Explore mortgage options, understand qualification requirements, and get personalized guidance for your home purchase.
Find the Right Home Loan for Your Needs
Buying a home is one of life’s biggest financial decisions. Whether you’re a first-time homebuyer, moving to a larger home, or purchasing a second property, choosing the right mortgage is an important step.
At Secured Lending Group, we help homebuyers in San Diego and throughout California explore financing options, understand loan requirements, and navigate the mortgage process with personalized guidance.
From conventional and FHA loans to VA, jumbo, and specialty mortgage programs, we’ll help you evaluate your options based on your financial situation and homeownership goals.
Explore Home Purchase Loan Options
There is no single mortgage that works for every buyer. Your down payment, credit history, income, property type, and long-term plans can influence which financing option makes the most sense.
Explore the home purchase loans available through Secured Lending Group.
Conventional Home Loans
Conventional mortgages offer flexible financing options for borrowers who meet lender and program requirements. These loans are commonly used for primary residences, second homes, and eligible investment properties.
FHA Home Loans
FHA loans are government-insured mortgages that allow qualifying borrowers to purchase a home with as little as 3.5% down. They can be an option for buyers who need more flexible credit or down payment requirements.
VA Home Loans
VA loans offer benefits for eligible veterans, active-duty service members, and certain surviving spouses, including no down payment for qualifying borrowers and no monthly mortgage insurance.
Jumbo Home Loans
Jumbo loans are designed for properties requiring financing above applicable conforming loan limits. They are often used to purchase higher-priced homes in California.
USDA Home Loans
USDA loans may offer 100% financing for eligible buyers purchasing homes in qualifying rural areas, subject to income, property, and program requirements.
Specialty Mortgage Programs
Self-employed buyers, business owners, and borrowers with complex income may qualify for alternative mortgage programs, including bank statement or other non-QM financing options.
Home purchase loan comparison
| Loan type | Typical down payment | Best suited for |
|---|---|---|
| Conventional | As low as 3% for eligible buyers | Borrowers meeting conventional guidelines |
| FHA | As low as 3.5% | Buyers seeking flexible credit requirements |
| VA | 0% for eligible borrowers | Eligible military borrowers |
| USDA | 0% for eligible borrowers | Eligible rural homebuyers |
| Jumbo | Varies by lender and program | Higher-priced home purchases |
| Non-QM | Varies by program | Self-employed or nontraditional-income borrowers |
Down payment examples are general program minimums, not guaranteed offers. Actual eligibility, credit requirements, loan limits, mortgage insurance, and costs vary. Confirm exact products and requirements with Secured Lending Group before publishing.
Frequently Asked Questions About Home Purchase Loans
The required down payment depends on the mortgage program. Some conventional loans allow as little as 3% down, while FHA loans may require 3.5% for qualifying borrowers. Eligible VA and USDA borrowers may qualify for zero-down-payment financing. Closing costs and other requirements still apply.
Credit score requirements vary by loan type, lender, and individual circumstances. Conventional, FHA, VA, and alternative mortgage programs have different underwriting guidelines. A mortgage professional can review your financial situation and explain which options may be available.
Yes. Self-employed homebuyers may qualify using traditional income documentation, such as tax returns, or alternative documentation under certain non-QM loan programs. Eligibility depends on the lender’s requirements and the borrower’s financial profile.
Getting prequalified can help you estimate your borrowing options and identify potential financing challenges early. A verified mortgage preapproval may provide stronger documentation when you’re ready to submit an offer.
A fixed-rate mortgage maintains the same interest rate throughout the loan term, providing predictable principal and interest payments. An adjustable-rate mortgage (ARM) generally has an initial fixed-rate period, followed by periodic interest rate adjustments according to the loan terms.
Closing timelines vary depending on the type of loan, borrower documentation, property appraisal, underwriting requirements, and other transaction details. Your mortgage professional can provide a more specific timeline after reviewing your application.
Your monthly mortgage payment depends on several factors, including the purchase price, down payment, interest rate, loan term, property taxes, and homeowners insurance. Mortgage insurance and HOA fees may also affect your total monthly housing cost. Use our mortgage payment calculator to estimate your expenses and explore how different financing scenarios may affect your budget.
At a glance
Loan Options:
Conventional, FHA, VA, USDA, jumbo, and specialty mortgage programs.
Down Payment:
As low as 3% for eligible conventional borrowers, 3.5% for qualifying FHA borrowers, and 0% for eligible VA and USDA borrowers.
Mortgage Rates:
Fixed-rate and adjustable-rate options may be available.
Credit Requirements:
Vary by loan program, lender guidelines, and financial qualifications
Who Can Apply:
First-time homebuyers, repeat buyers, eligible self-employed borrowers, and those purchasing second homes.
Belinda Biedebach
NMLS #1556597
Ready to Take the Next Step Toward Homeownership? Whether you’re purchasing your first home, upgrading, or exploring financing for a second property, Secured Lending Group can help you understand your home loan options. Speak directly with our mortgage team to discuss your goals, financing questions, and next steps.
See what you qualify for
Pre-approval takes about ten minutes online and comes back within a day. No cost, no obligation, no effect on your credit score to find out.