Loan options

Find a mortgage path that fits your next move.

Every borrower brings a different financial picture, timeline, and homeownership goal. H.E.R. Mortgage helps Washington buyers compare practical options with clear, borrower-first guidance.

FHA loans

A flexible starting point for buyers who want a lower down payment option.

FHA financing is insured by the Federal Housing Administration and can be a helpful fit for qualified buyers who are building credit, have limited funds for a down payment, or want more flexible underwriting than some conventional programs offer.

What to know

Primary residence purchase or eligible refinance
Credit, income, debt, and property requirements apply
Mortgage insurance is required

FHA loan limits, property standards, and mortgage insurance rules apply. We will help you understand how those details affect your payment and long-term plan.

Conventional loans

A versatile option for buyers with established credit, income, and savings.

Conventional financing is not insured by a government agency. It can offer competitive terms for qualified borrowers and a wide range of purchase and refinance scenarios.

What to know

Available for primary homes, second homes, and certain investment properties
Down payment and credit requirements vary by program
Private mortgage insurance may be required with less than 20% down

A conventional loan may be a strong fit when you want flexible property options or are planning for future equity and mortgage insurance removal.

VA loans

A powerful home-financing benefit for eligible veterans, service members, and surviving spouses.

VA loans are backed by the U.S. Department of Veterans Affairs and are designed to make homeownership more accessible for eligible borrowers. Many qualified buyers can purchase with no down payment.

What to know

A valid Certificate of Eligibility is required
Available for eligible service members, veterans, and some surviving spouses
Primary residence occupancy requirements apply

VA funding fees and lender requirements can vary. We will walk through your eligibility, benefit use, and payment options before you decide.

Refinancing

Homeowners reviewing their rate, payment, loan term, or equity strategy.

Refinancing replaces your current mortgage with a new loan. It may help you pursue a different rate, change your term, consolidate eligible debt, or access equity when appropriate.

What to know

Current loan, income, credit, equity, and property details are reviewed
Closing costs and break-even timing matter
A refinance should support a clear financial goal

A lower rate is not the only reason to refinance. We will compare the full cost, payment change, and timeline so you can make an informed decision.

Program availability, qualification, rates, terms, and loan limits are subject to change and borrower approval. This page is for general education and is not a commitment to lend.

A clear next step

Compare your options with a mortgage professional who puts your goals first.

Start your pre-approval