Loan options, September 2026
Six loans,
explained plainly.
From 0% down with VA
Credit from 580 with FHA
Terms from 10 to 30 years
Bank statements instead of tax returns
Buyers with steady income and a credit score of 620 or higher
Conventional
Down payment from
3%
Credit score from
620
Terms
10 to 30 years, fixed or ARM
The most common home loan in the country. Put as little as 3% down, and drop mortgage insurance once you reach 20% equity.
First-time buyers and borrowers rebuilding their credit
FHA
Down payment from
3.5%
Credit score from
580
Terms
15 or 30 years, fixed
Government-insured loans with 3.5% down and flexible credit guidelines. Mortgage insurance is part of the package.
Eligible veterans, service members and surviving spouses
VA
Down payment from
0%
Credit score from
580
Terms
15 or 30 years, fixed or ARM
Zero down, no monthly mortgage insurance and competitive rates for the people who served.
San Diego homes priced above the conforming loan limit
Jumbo
Down payment from
10%
Credit score from
700
Terms
15 or 30 years, fixed or ARM
For loan amounts above the conforming limit. Bigger loans, deeper paperwork, and we shop the lenders that price them best.
Homeowners lowering a rate, shortening a term or taking cash out
Refinance
Down payment from
N/A
Credit score from
620
Terms
10 to 30 years, fixed or ARM
Replace your current mortgage with a new one to change your rate, your term or pull cash from your equity.
Business owners and freelancers who qualify on 12 or 24 months of bank statements
Self-Employed
Down payment from
10%
Credit score from
640
Terms
30 years, fixed or ARM
Qualify with 12 or 24 months of bank statements instead of tax returns. Rates run higher; flexibility is the point.
Minimums are where a lender starts the conversation, not where most borrowers land. Your loan officer checks your file against each one before you pick.
Conventional
Buyers with steady income and a credit score of 620 or higher
3%
620
FHA
First-time buyers and borrowers rebuilding their credit
3.5%
580
VA
Eligible veterans, service members and surviving spouses
0%
580
Jumbo
San Diego homes priced above the conforming loan limit
10%
700
Refinance
Homeowners lowering a rate, shortening a term or taking cash out
N/A
620
Self-Employed
Business owners and freelancers who qualify on 12 or 24 months of bank statements
10%
640
Programs, limits and minimums are examples for a demo brokerage. Lender guidelines change; your loan officer confirms what applies to your file.
Share your budget and plans. A loan officer lays out the two or three loans that fit, with written sample numbers for each.
No hard credit pull to start. Pre-approval is not a commitment to lend; all loans are subject to credit, income and property approval. Harborline Mortgage is a demo brokerage, NMLS # 000000 (demo). Equal Housing Opportunity.