Conventional & Government Home Loans in Sherman Oaks, CA

FHA Loans

An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. It is one of the most popular loan programs for first time buyers and those with less-than-perfect credit. FHA loans offer flexible qualification requirements and low down payment options, making home ownership accessible to a wider range of borrowers.

Who Is It For?

• First time home buyers
• Borrowers with a credit score as low as 580
• Buyers with limited savings for a down payment
• Those who have experienced past credit challenges

Key Benefits

• ✔ Down payment as low as 3.5%
• ✔ More flexible credit score requirements than conventional loans
• ✔ Competitive interest rates backed by the federal government
• ✔ Gift funds allowed for down payment and closing costs
• ✔ Available for purchase and refinance transactions

Not sure if a conventional loan is right for you? Get a free Quick Quote and I'll help you find the best fit.

VA Loans

A VA loan is a government-backed mortgage available exclusively to eligible veterans, active duty service members, and surviving spouses. Guaranteed by the U.S. Department of Veterans Affairs, the VA loan program is one of the most powerful home financing benefits available — offering exceptional terms that are hard to match with any other loan type.

Who Is It For?

• Eligible U.S. military veterans
• Active duty service members
• National Guard and Reserve members who meet service requirements
• Surviving spouses of veterans who died in service or from a service-related disability

Key Benefits

• ✔ No down payment required in most cases
• ✔ No private mortgage insurance (PMI) — ever
• ✔ Competitive interest rates typically lower than conventional loans
• ✔ Flexible credit qualification requirements
• ✔ Limits on closing costs that can be charged to the veteran
• ✔ Available for purchase, refinance, and cash-out transactions

Are you a veteran or active service member? Get a free Quick Quote and let's talk about what you've earned.

Jumbo Loans

A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. In Los Angeles County the conforming loan limit is $1,249,125 for 2026. If you need to borrow above that amount a jumbo loan is the right solution. Despite the larger loan size, jumbo loans remain very competitive and are an excellent option for buyers in the high-value Los Angeles and Sherman Oaks real estate market.

Who Is It For?

• Buyers purchasing higher-priced homes in Los Angeles and the San Fernando Valley
• Borrowers with strong credit and financial profiles
• Those purchasing luxury or high-value properties
• Homeowners looking to refinance a large existing mortgage

Key Benefits

• ✔ Finance loan amounts above the conforming loan limit
• ✔ Competitive interest rates for well-qualified borrowers
• ✔ Fixed and adjustable rate options available
• ✔ Available for primary residences, second homes, and investment properties
• ✔ Flexible terms to fit your financial goals

Buying or refinancing a high-value home in the Sherman Oaks area? Get a free Quick Quote and let's find the right jumbo solution for you.

Adjustable Rate Mortgages (ARM)

An Adjustable Rate Mortgage, or ARM, offers a fixed interest rate for an initial period followed by periodic rate adjustments based on market conditions. ARMs are an excellent option for borrowers who plan to sell or refinance before the initial fixed period ends, or those who want to take advantage of lower starting rates to maximize their purchasing power.

Available ARM Options

• 1/1 ARM — Fixed for 1 year, then adjusts annually
• 3/1 ARM — Fixed for 3 years, then adjusts annually
• 5/1 ARM — Fixed for 5 years, then adjusts annually
• 7/1 ARM — Fixed for 7 years, then adjusts annually
• 10/1 ARM — Fixed for 10 years, then adjusts annually

Who Is It For?

• Buyers who plan to sell or refinance within a few years
• Borrowers who want a lower initial rate to qualify for a larger loan
• Those who expect their income to increase over time
• Buyers in a high rate environment looking to minimize initial payments

Key Benefits

• ✔ Lower initial interest rate compared to a 30-year fixed loan
• ✔ Lower starting monthly payments
• ✔ Rate caps limit how much your rate can increase at each adjustment
• ✔ Great flexibility for short to medium term homeownership plans
• ✔ Available for conventional, jumbo, and other loan types

Wondering if an ARM makes sense for your situation? Get a free Quick Quote and let's run the numbers together

USDA Rural Development Loans

A USDA Rural Development Loan is a government-backed mortgage program offered by the U.S. Department of Agriculture. It is designed to help low-to-moderate income borrowers purchase homes in eligible rural and suburban areas. One of the most overlooked loan programs available, the USDA loan offers one of the few remaining zero down payment options in today's market — and may be available in more areas than you think, including parts of the greater Los Angeles region.

Who Is It For?

• Buyers purchasing in eligible rural or suburban areas
• Low-to-moderate income borrowers who meet USDA income limits
• Those looking to buy with little or no money down
• Borrowers with limited savings who still want to own a home

Key Benefits

• ✔ No down payment required — 100% financing available
• ✔ Competitive fixed interest rates
• ✔ Lower mortgage insurance costs compared to FHA loans
• ✔ Flexible credit requirements
• ✔ Can be used to purchase or refinance an eligible property
• ✔ Available for single family homes in eligible areas

Not sure if the property you have in mind qualifies for a USDA loan? Get a free Quick Quote and I'll check eligibility for you personally.