2026 Product Guide
The right loan for every situation — from first-time buyers to seasoned investors.
Conventional Loans
Owner Occupied- Minimum score of 600 when LTV above 80%
- No minimum score when LTV below 80%
- No FICO options available
- Up to 97% LTV / 105% CLTV
- DACA Loans
FHA Loans
- Minimum score of 580
- Manual underwrites down to 580 FICO
- FHA 203(k) — Std & Ltd Renovation
- FHA 203(h)
- FHA $100 Down
- Good Neighbor Next Door
VA Loans
- Minimum score of 580
- Manual underwrite 580 minimum score
- Interest Rate Reduction Loan — IRRRL
- 10% or greater disability waives the funding fee
- 100% disabled veterans are exempt from property taxes
USDA Loans
- Minimum score of 580
- Manual UW allowed
Jumbo Loans
- 90% max LTV
- Min credit score of 660
- Max loan amount of $3,500,000
- Owner Occupied, 2nd Homes & Investment Properties
- Jumbo ARMs: 5/6, 7/6, & 10/6
- Cash-Out (Unlimited, but varies on LTV)
All Agency
Conv, FHA, VA, USDA- One-Time or Two-Time Close Construction
- Down Payment Assistance, 100%
- High Balance
- Renovation
- Escrow Holdback
- Temporary Buydowns
Non-QM
- Owner occupied, 2nd homes and NOO properties
- 12 or 24 months bank statements
- Asset Utilization — No DTI, Lite Doc
- Asset Depletion & 1099
- DSCR Options Available
- P&L Only / Written VOE Only / 60 Mo. Asset Utilization / 1099 Only / P&L Only
- 1 Year Self Employed
- Interest only
- 30 and 40 year IO terms
- ITIN Options: 100% / DSCR / Lite Doc
- Crypto currency
- Recent Housing Event
- Second Chance & Fresh Start Program
- No Credit & Work Visa Program
- DACA
- Foreign National
Doctor & Professional Loans
- Medical doctors, oral surgeons, dentists, optometrists, ophthalmologists, pharmacists
- Registered nurses, anesthetists, nurse practitioners, physician assistants
- Veterinarians, attorneys, CPAs, and certified financial advisors
- As little as 5% down
- Flexible deferral for student loans
- Employment may begin up to 90 days after closing
- No mortgage insurance required
- Jumbo loan amounts available
Property Types
- Manufactured Home — Singlewide & Doublewide, Primary or Investment
- Condos — condotel, co-ops
- Barndominium
- Vacant Land/Lots
- Non-Warrantable Condos (No questionnaire)
- Other Unique Properties
Other Features
- Lock & Shop and TBD
- HELOC
- Purchase Money 2nd
- 40-Year Fixed Interest Only
- Bridge Financing
- Fix & Flip
- FHA and VA 5/1 ARM
- Texas VLB — Conv, FHA, VA
Find the right loan for you.
Contact The Richardson Mortgage Team to discuss your options.
Network Funding, LP NMLS #2297 | Equal Housing Lender
*Additional terms and conditions apply. Not all loan types are compatible with this product. Subject to underwriting conditions. Not a promise to make a loan. All borrowers must qualify.