: Your interest rate never changes, offering long-term stability.
: Issued by private lenders like Rocket Mortgage or Bank of America, these are not government-insured. options for buying a house
: Typically offers a lower starting rate for 5–10 years before adjusting with market trends. 2. Government-Backed Programs : Your interest rate never changes, offering long-term
Designed to reduce lender risk, these often feature lower down payment requirements. FHA Down Payment Grants for 2026 : Your interest rate never changes
These are the most common paths for buyers with stable income and established credit history.
: Required for high-priced properties exceeding conforming limits. Loan Structures :
: Follow limits set by Fannie Mae and Freddie Mac—now up to $832,750 in most areas for 2026.