What types of loans does Caliber Home Loans offer?

Caliber Home Loans offers a wide variety of loan products to meet the diverse needs of borrowers. Some of the main categories include conventional loans, which are not insured or guaranteed by the federal government and typically require a higher credit score. Additionally, they provide FHA loans, which are backed by the Federal Housing Administration and allow for lower down payments, making homeownership more accessible for individuals with less-than-perfect credit. For those looking to purchase a home in rural areas, Caliber also offers USDA loans, which are government-backed loans that often require no down payment for qualified applicants. Moreover, VA loans are available for eligible veterans and active duty service members, offering favorable terms such as no down payment and reduced fees. Caliber Home Loans also features several options for refinancing, including cash-out refinancing and rate-and-term refinancing, which provide borrowers with the opportunity to lower their interest rates or access cash from their home equity. For additional details on specific loan programs and terms, interested individuals may want to explore the current web page for more information.