Alloy Mortgage

Loan programs

Five ways to finance a home.

The best one depends on your income, your credit, and how long you'll keep the house.

Tree lined Denver street of front porch homes with the Rockies behind them
  • Young couple laughing on the front steps of their Colorado craftsman home

    Conventional

    First-time and move-up buyers

    The default path for strong credit and steady income.

    Min. down
    3%
    Min. FICO
    620
    • PMI drops off automatically at 78% LTV
    • Loan amounts to $806,500 in most Colorado counties
    • Gift funds allowed for the full down payment
    See if Conventional fits
  • Desk with paid off bills, growing stacks of coins and a house keyring, showing debt paid down and credit rebuilt over time

    FHA

    Credit-rebuilding buyers

    Built for thinner credit files and tighter cash reserves.

    Min. down
    3.5%
    Min. FICO
    580
    • More forgiving on debt-to-income ratios
    • Seller can contribute up to 6% toward closing
    • Assumable by a future buyer
    See if FHA fits
  • Veteran and family in front of their new home

    VA

    Veterans, active duty, surviving spouses

    Earned benefit financing for service members and veterans.

    Min. down
    0%
    Min. FICO
    580
    • No monthly mortgage insurance, ever
    • No down payment on eligible entitlement
    • Funding fee waived for eligible disability ratings
    See if VA fits
  • Modern Colorado foothills home at golden hour with mountains behind

    Jumbo

    High-balance and luxury purchases

    Above conforming limits, without the bank runaround.

    Min. down
    10%
    Min. FICO
    700
    • Loan amounts to $3M with a single lien
    • Interest-only structures available
    • Asset depletion income accepted
    See if Jumbo fits
  • Brick duplex rental property on a Denver corner in evening light

    Non-QM / Investor

    Self-employed buyers and investors

    For income that a W-2 box was never designed to hold.

    Min. down
    15%
    Min. FICO
    660
    • DSCR qualifying on rental cash flow alone
    • 12 to 24 months of bank statements as income
    • No limit on number of financed properties
    See if Non-QM / Investor fits

  • Not sure which one?

    Answer three questions and we'll narrow it down.

    Run the loan finder
Chat Now