Loan Options from Aid Home Loans
FHA Loans
Product Analysis
Designed with flexible requirements and down payments as low as 3.5% to help more buyers qualify.
Lower Credit Options
You don’t need perfect credit, and you may still qualify even if you’ve had past financial challenges.
HomeReady® and Home Possible
Lower Upfront Costs
If you qualify, you can buy a home with as little as 3% down payment and reduce the mortgage insurance.
Income and Credit
You’ll need to meet income eligibility requirements based on where you want to buy a home and credit 620+
Cash out / Rate & Term Refinance
Cash-out Refinance
Replace your current mortgage with one that works better for you. You can get cash back, often with a lower rate, and more time to repay than with other loans.
Rate & Term Refinance
Replace your mortgage with a new one to get a better rate or payment and adjust your loan term to better fit your goals-without taking cash out.
Non-QM Loans
Bank Stmts Program
Designed for self-employed borrowers with at least 2 years in business, this program only uses your bank statements instead of tax returns, W-2s.
No Income Check Loan
A no-income-check loan lets you qualify without verifying your income. You’ll typically need at least 25% down and a minimum credit score of 680.
Debt Service Coverage Ratio (DSCR) Loan
DSCR loans let real estate investors qualify mortgage based on a property’s rental income instead of personal income. DSCR stands for Debt Service Coverage Ratio, which compares rental income to monthly loan payments.
No Income or Employment
Loan amounts up to $3 Million
CLTV up to 80%
Minimum Credit Score 660
Foreign Nationals Eligible
Condotel purchases eligible
40-year fixed rate available
2-4 units allowed
