Loans

Our Loans

We offer full-service mortgage solutions to fit your individual needs, including conventional, FHA, VA, USDA, fixed and adjustable rates, jumbo loans, investment property options and more.

Check out our loan programs below to learn more. When you’re ready, give us a call to see what Victory Mortgage can do for you.

Fixed Rate Mortgage

Monthly payments are fixed for the life of the loan
Interest rates do not change
Loan terms from 10 years to 30 years
Protected if rates go up
Can refinance if rates go down
Appropriate for borrowers who plan to occupy the home at least 7 years
Appropriate for borrowers on a fixed income
Appropriate for borrowers who want the safety and security of having a steady, predictable loan payment each month.

Ready to take the next step?

Get Prequalified Now

Adjustable Rate Mortgage

Lower initial rate and monthly payment compared to a fixed rate loan
Lower payment over a shorter period of time
May qualify for higher loan amounts
Rate and Payment can change over time
Appropriate for borrowers who plan to occupy the home for 10 years or less
Appropriate for borrowers who may be transferred frequently
Appropriate for borrowers who want a lower initial monthly payment and are comfortable with a variable payment

Ready to take the next step?

Get Prequalified Now

FHA Loans

Low down payment required – only 3.5%
Both fixed-rate and adjustable-rate mortgages are available
Government-insured and backed by the FHA
Entire down payment can be gift or grant money
Lower credit scores are acceptable
No income limits on borrowers
More generous debt ratios
Must be primary residence
Appropriate for first-time home buyers and anyone requiring a smaller down payment
Appropriate for borrowers who need more flexible guidelines
Appropriate for borrowers with less than perfect credit ratings

Ready to take the next step?

Get Prequalified Now

USDA Loans

100% financing with no down payment required
Upfront guarantee fee may be included in loan amount above appraised value
Condos may be eligible
Must be primary residence
More generous debt ratios
Gift funds and grants may be applied to closing costs
Home must be located in an eligible area for USDA financing
Annual income limits do apply
Can be new construction
Appropriate for low to moderate income borrowers
Appropriate for first-time homebuyers and anyone having no down payment

Ready to take the next step?

Get Prequalified Now

VA Loans

100% financing with no down payment required for military veterans
Must be a military veteran or in the military to obtain a VA loan
No PMI required
Lower interest rates and lower monthly payments
Lower minimum credit score requirement
Condos may be eligible
VA funding fee may be included in loan amount
More generous debt ratios
No annual income limits
Can be new construction
Gift funds may be applied to closing costs
Appropriate for U.S. military active-duty, discharged, and retired veterans

Ready to take the next step?

Get Prequalified Now

Bridge Loans

Interest-only payments until your existing home sells (usually 6-12 months)
Use the equity in your current home as the down payment for your new home
Competitive interest rates and terms
Appropriate for customers who want to purchase a new home, but haven’t yet sold their existing home