How much can you borrow via Loanpal Home Purchase Mortgage?

Loanpal Home Purchase Mortgage allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What range of rates does Loanpal Home Purchase Mortgage offer?

Loanpal Home Purchase Mortgage offers home loans with APRs starting at 4% .

What mortgage programs does Loanpal Home Purchase Mortgage offer?

Loanpal Home Purchase Mortgage offers the following mortgage types:

• Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
• FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
• FHA 203k: An FHA mortgage you can also use to finance home improvements.
• VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What property usage types does Loanpal Home Purchase Mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Loanpal Home Purchase Mortgage allows the following property usage types: 

• Primary home