Find Your Perfect Loan Program

Explore our comprehensive loan options designed to help you achieve your homeownership dreams. From FHA to VA loans, we have the right solution for every borrower.

FHA Loans

Low down payment options

Conventional

Traditional financing

VA Loans

For military veterans

First-Time

Special programs available

Primary Home Loan Programs

Jump directly to the program that fits your needs.

FHA Loans

Federal Housing Administration

FHA loans are government-backed mortgages designed to make homeownership more accessible. With lower down payment requirements and more flexible credit guidelines, FHA loans are perfect for first-time buyers and those with limited savings.

Low Down Payment

As low as 3.5% down payment

Flexible Credit

Credit scores as low as 580

Gift Funds Allowed

Down payment can be a gift

Assumable

Can be transferred to buyers

Basic Requirements

  • Primary residence only
  • Debt-to-income ratio typically under 57%
  • Property must meet FHA standards
  • Mortgage insurance required
3.5%
Minimum Down Payment
580
Minimum Credit Score
57%
Max DTI Ratio
30yr
Fixed Rate Terms
3%
Minimum Down Payment
620
Typical Credit Score
45%
Max DTI Ratio
No PMI
With 20% Down

Conventional Loans

Traditional Financing Options

Conventional loans are the most popular type of mortgage, not backed by government agencies. They offer competitive rates and flexible terms, making them ideal for borrowers with good credit and stable income.

No PMI with 20% Down

Avoid mortgage insurance

Competitive Rates

Often lower than government loans

Flexible Property Types

Primary, secondary, investment

Higher Loan Limits

Up to conforming loan limits

Loan Types Available

Fixed-Rate Options
  • 15-year fixed
  • 30-year fixed
Adjustable-Rate (ARM)
  • 5/1 ARM
  • 7/1 ARM

VA Loans

Veterans Affairs Home Loans

VA loans are exclusively available to eligible veterans, active-duty service members, and surviving spouses. These loans offer incredible benefits including no down payment and no private mortgage insurance, honoring your service to our country.

No Down Payment

100% financing available

No PMI Required

No mortgage insurance ever

Competitive Rates

Often below market rates

Reusable Benefit

Use multiple times

Eligibility Requirements

  • Active-duty service members (90+ days)
  • Veterans with qualifying service periods
  • National Guard/Reserves (6+ years)
  • Surviving spouses of eligible veterans
0%
Down Payment
No PMI
Mortgage Insurance
2.3%
VA Funding Fee
Reusable

First-Time Home Buyers

Your journey to homeownership starts here. Discover specialized programs and resources designed specifically for first-time buyers.

Special Programs Available

Down Payment Assistance

Grants and low-interest loans to help with down payments and closing costs.

First-Time Buyer Education

Required courses that may qualify you for better loan terms.

Tax Credits

Mortgage Credit Certificate (MCC) programs for annual tax savings.

Best Loan Options

FHA Loans

3.5% down, flexible credit

  • • Credit score 580+
  • • Down payment assistance eligible

Conventional

3% down programs available

  • • Higher credit requirements
  • • PMI removal options

Your Path to Homeownership

1

Get Pre-Approved

Understand your budget and show sellers you're serious.

2

Use a Realtor

Work with an agent who will help find what you are looking for.

3

House Hunt

Search within your budget and get a home inspection.

4

Close on Your Home

Final loan approval, walk-through, and key handover.

First-Time Buyer Tips

Save for extras: Budget for moving costs, utilities setup, and immediate repairs.

Research neighborhoods: Consider schools, commute times, and future development.

Get multiple quotes: Shop around for the best mortgage rates and terms.

Don't skip inspection: A professional inspection can save you thousands later.

Ready to Start Your Journey?

Let our experienced loan officers guide you through the first-time buyer process.

Self-Employed Loans

Specialized loan programs designed for entrepreneurs, business owners, and self-employed professionals who need flexible documentation options.

Bank Statement Loans

90%
Loan-to-Value
  • 12-24 months bank statements
  • No tax returns required
  • Primary & investment properties
  • Purchase & refinance available

1099 Only Programs

Simple
Documentation
  • 1099 forms as income proof
  • Ideal for contractors
  • Freelancers & consultants
  • Competitive rates

P&L Statement Loans

CPA
Prepared
  • CPA / EPA prepared P&L statements
  • Business owners
  • Professional practices
  • Enhanced qualification

Refinancing Options

Cash-out refinancing and rate-and-term refinancing designed for self-employed borrowers to optimize their real estate investments.

Cash-Out Refinancing

Access equity for business growth

Rate & Term Refinance

Lower payments, better terms

Strategic 2nd Loan Solutions

Bank Statement 2nd loans that help build client relationships and prepare for future refinancing opportunities when rates improve.

Bank Statement 2nd Loans

Preserve Low First Mortgage

Keep your existing 2-3% rate intact

Access Home Equity
Your Best Rate is RESERVED!

✓ Keep your existing low-rate first mortgage intact

✓ Get immediate equity access through our 2nd loan

CLOSED LOAN: Not a HELOC or line of credit - you receive the full loan amount at closing!

Self-Employed Friendly

Bank statement documentation accepted

Future Refinancing Strategy

When Rates Improve

As rates drop in the future, we'll analyze your blended rate and determine the optimal time to refinance both loans into one.

  • Monitor market conditions
  • Calculate break-even points
  • Optimize payment structure

Ready to Explore Your Options?

Let's connect to determine which self-employed loan program is the best fit for your needs. Our residential team at Western Pacific Home Loans will have a loan officer reach out to answer any questions you may have and guide you through the options.

Strategic 2nd Loan Solutions

FHA Solar & Down Payment Assistance

Specialized programs to help make homeownership more affordable with solar energy solutions and down payment assistance options.

FHA Solar Loan

Hoper Program

The FHA Solar loan program allows you to finance both your home purchase and solar panel installation in a single mortgage, making renewable energy accessible from day one of homeownership.

Single Loan Solution

Finance home purchase and solar installation together

Energy Savings

Lower monthly utility bills from day one

FHA Guidelines

Low down payment (3.5%) and flexible credit requirements

Increase Home Value

Solar panels can increase property value and appeal

20-30%
Energy Cost Savings
25 Yrs
Solar System Warranty

CalHFA Programs

Down Payment Assistance

California Housing Finance Agency (CalHFA) approved programs provide down payment and closing cost assistance to help first-time and qualifying repeat buyers achieve homeownership.

MyHome Assistance Program

Up to 3.5% of loan amount for down payment
Deferred payment junior loan
No monthly payment required

Extra Credit Teacher Program

For credentialed teachers, administrators, and school staff
Enhanced loan terms and benefits
Additional down payment assistance

CalPLUS Conventional

Conventional loan with assistance options
Flexible income and credit requirements
Competitive interest rates

General Eligibility

  • First-time home buyer or meet repeat buyer exceptions
  • Meet income and purchase price limits for your county
  • Complete homebuyer education course
  • Property must be your primary residence

Ready to Explore These Special Programs?

Let our experienced loan officers help you navigate FHA Solar loans and CalHFA assistance programs. We'll help determine which programs you qualify for and guide you through the application process.