Loan Programs

Conventional

A conventional loan is a conforming loan and meets the requirements for Fannie Mae or Freddie Mac.

High Balance

A high balance loan exceeds the national conforming loan limits, but falls within the local limits.

Jumbo

A jumbo loan exceeds the local conforming loan limits and is not purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac.

FHA

An FHA loan is insured by the government and issued by a lender that is approved by the agency.

VA

A VA loan is offered through a program established by the U.S. Department of Veterans Affairs.

USDA

A USDA loan helps to make purchasing a home more affordable for individuals living in designated rural areas.

CalHFA

A CalHFA loan allows qualified homebuyers to layer other down payment assistance loans or grants to maximize affordability.

HELOC

A HELOC loan is a revolving credit line as a second mortgage secured by home equity, much like a credit card.

Non-QM

A non-qualified mortgage loan provides a lending solution with more flexible guidelines and standards.

Foreign National

A foreign national loan helps non-resident people to purchase a propertie in the United States.

Bridge

A bridge loan is a short-term loan used to bridge the gap between buying a home first and selling a previous one later.

Commercial

A commercial loan is used to purchase or renovate a commerical property for business purposes.

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100 Spectrum Center Dr Ste 900

Irvine, CA 92618

Phone: 626-800-1818

Email: info@cherix.com

NMLS# 2216574

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