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