At Doorway Home Loans, we believe in giving every person an equal opportunity to homeownership and financial stability. We offer our clients access to various purchase and refinance loan options and different mortgage rates. Choosing the right loan for your situation could be overwhelming. But it won’t be with the help of knowledgeable mortgage advisors at Doorway Home Loans.
The most common type of loan option, the traditional fixed-rate mortgage, includes monthly principal and interest payments which never change during the loan’s lifetime. Learn more
Ideal for borrowers with a steady income and sufficient down payment, borrowers pay the same monthly payment amount (principal and interest payments) over the loan’s lifetime. 30-year and 15-year fixed available. Learn more
This a good option for those who plan to live in the home for a few years or buy a second home. You can keep your month-to-month housing payments low for the first few years of the loan. Learn more
Ideal for borrowers with a steady income and sufficient down payment, borrowers pay the same monthly payment amount (principal and interest payments) over the loan's lifetime. 30-year and 15-year fixed available.
Conventional Fixed-rate Loans
Conventional ARM Loans
A good option for first-time homebuyers who may not have saved enough for a large down payment; or have suffered from bankruptcy or foreclosures and may qualify for an FHA-backed mortgage. (Insured by the Federal Housing Association). Learn more
Designed for military veterans, VA loans are mortgages guaranteed by the Department of Veteran Affairs, offering exceptional benefits, including low-interest rates and no down payment requirement. Learn more
A Jumbo Loan is a mortgage option for financing properties in high-cost areas where loan amounts exceed the maximum conventional conforming loan limit determined by the Federal Housing Finance Agency. Learn more
This loan type allows 62 or older senior homeowners with considerable home equity to borrow against the value of their home and receive funds as a lump sum, fixed monthly payment, or line of credit, while still living in the home. Learn more
If you're looking to buy a home in a rural or suburban area with no down payment and minimal investment, you might consider the USDA Rural Development Loan. Learn more
Ideal for independent workers, 1099 contractors, or self-employers, this type of mortgage loan allows borrowers to qualify based on alternative methods, such as bank statements or assets as collateral, instead of the traditional income verification required for most loans. Learn more
Doorway offers homebuyers the assurance of closing their purchase loan --with a short-term contract--on or before the purchase contract closing date that is no less than 14 business days. Learn more
Rate Buydown is a way for homebuyers to lower their interest rates for the first two years (2-1) or the first three years (3-2-1) of the loan by purchasing discount points upfront. Doorway Home Loans offers 2-1 and 3-2-1 Buydown Programs. Learn more
Doorway Home Loans' Lock & Shop Program gives homebuyers the ability to lock in their initial interest rate for up to 60 days while shopping for a home. Locking the rate helps in a rising rate environment. This program also provides a one-time float-down when rates go down. Learn more
A type of refinancing that allows you to change the terms of your current loan and replace them with terms that are more favorable for you.
For existing VA-backed home loan borrowers seeking to reduce or stabilize their monthly mortgage payments, a VA Interest Rate Reduction Refinance Loan (IRRRL) may be right for you. Learn more
Cash-out refinancing allows homeowners to turn their home equity into cash for virtually any purpose, such as purchasing a second home, home remodeling, debt consolidation, and other financial goals.
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