Our Loan Programs
At Dream Team Lending, we know that every borrower’s situation is unique — and so are their financing needs. That’s why we offer a wide range of mortgage programs designed to help first-time buyers, growing families, investors, and everyone in between.
Whether you’re looking for a low down payment option, specialized programs for veterans or rural buyers, or financing for a luxury home, our team of experts will guide you to the loan program that fits your goals. As a mortgage broker, we work with multiple lenders to find you the most competitive rates, flexible terms, and personalized solutions.
Explore our loan programs below to discover the best path to your dream home:
1. Conventional Home Loan
Conforming Conventional Loans
A conforming conventional loan is one of the most popular mortgage options for homebuyers. These loans meet the guidelines set by Fannie Mae and Freddie Mac, which makes them widely available, competitively priced, and reliable.
Key Features:
✅ Loan Limits: In 2025, the standard conforming loan limit is $806,500 for most areas, with higher limits (up to $1,209,750) in high-cost regions.
✅ Low Down Payment Options: Borrowers may qualify with as little as 3% down, making homeownership more accessible.
✅ Flexible Terms: Available in a variety of fixed-rate and adjustable-rate options to suit your financial goals.
✅ Private Mortgage Insurance (PMI): Required for down payments under 20%, but can be canceled once you reach 20% equity.
✅ Wide Availability: Because these loans conform to national standards, they are easy to obtain and often carry lower rates than non-conforming loans.
Who It’s For
Conforming conventional loans are ideal for borrowers with good credit, stable income, and manageable debt, looking for a balance of affordability, flexibility, and long-term savings.
2. FHA Loan (Federal Housing Administration)
Federal Housing Administration Loans
An FHA loan is a government-backed mortgage program that helps make homeownership more accessible, especially for first-time buyers. With lower down payment requirements and more flexible credit standards, FHA loans are a popular option for borrowers who may not qualify for conventional financing.
Key Features:
✅ Low Down Payment: As little as 3.5% down with a credit score of 580 or higher.
✅ Flexible Credit Requirements: Available to borrowers with past credit challenges or limited credit history.
✅ Competitive Interest Rates: Backed by the government, rates are often favorable even with lower credit scores.
✅ Mortgage Insurance Premium (MIP): Required upfront and monthly, but often more accessible than private mortgage insurance.
Who It’s For
FHA loans are best for first-time homebuyers, individuals with moderate income, or those with limited savings for a down payment. They’re especially helpful for buyers who need flexible credit requirements and a more affordable path to homeownership.
3. USDA Home Loan
USDA Rural Development Loans
A USDA loan is a government-backed mortgage designed to help low-to-moderate income borrowers purchase homes in eligible rural and suburban areas. With no down payment required, it’s one of the most affordable home loan options available.
Key Features:
✅ No Down Payment: 100% financing available for qualifying rural properties.
✅ Low Fixed Rates: Backed by the USDA, interest rates are often lower than conventional loans.
✅ Flexible Credit Standards: Easier qualification for those with limited credit history.
✅ Reduced Mortgage Insurance: Lower monthly insurance costs compared to FHA loans.
✅ Geographic Eligibility: Homes must be located in USDA-approved areas.
Who It’s For
Perfect for borrowers with steady income looking to buy in rural or suburban areas, who want affordable monthly payments and minimal upfront costs.
4. VA Home Loan
Veterans Affairs Loans
A VA loan is a government-backed mortgage available to veterans, active-duty service members, and eligible surviving spouses. With no down payment and no private mortgage insurance required, VA loans are one of the most powerful benefits of military service.
Key Features:
✅ No Down Payment: 100% financing with no minimum down required.
✅ No PMI: Unlike conventional or FHA loans, VA loans don’t require monthly private mortgage insurance.
✅ Competitive Rates: Often lower than conventional loan interest rates.
✅ Flexible Credit Requirements: More forgiving of past financial challenges.
✅ One-Time Funding Fee: Can be financed into the loan; waived for certain veterans with service-related disabilities.
Who It’s For
Best suited for veterans, service members, and qualifying spouses who want to take advantage of affordable, flexible financing with significant long-term savings.
5. Bank Statement Loan
Alternative Income Documentation Loans
Bank statement loans are tailored for self-employed individuals, entrepreneurs, and freelancers who may not have traditional W-2s or tax returns to prove income. Instead, lenders use 12–24 months of bank statements to verify earnings.
Key Features:
✅ No Tax Returns Required: Income is calculated using deposits shown on bank statements.
✅ Flexible Qualification: Great for business owners, contractors, and gig-economy workers.
✅ Variety of Loan Programs: Available in fixed and adjustable-rate terms.
✅ Higher Loan Limits: Often allow larger loan amounts than traditional programs.
✅ Down Payment Options: As low as 10% down, depending on credit profile.
Who It’s For
Entrepreneurs and self-employed borrowers with strong cash flow who may not qualify under conventional lending rules but want to leverage their real income for homeownership.
6. DSCR Loan
Debt Service Coverage Ratio Loans
DSCR loans are designed for real estate investors looking to finance rental or investment properties. Instead of focusing on personal income, lenders evaluate the property’s cash flow to determine eligibility.
Key Features:
✅ No Personal Income Verification: Approval based on the property’s ability to generate rental income.
✅ Flexible Qualification: Ideal for self-employed investors or those with complex tax returns.
✅ Property-Based Underwriting: Loan is approved if rental income covers the property’s expenses (PITI).
✅ Wide Loan Options: Available for single-family homes, multi-units, and some commercial properties.
✅ Scalability: Allows investors to grow their portfolio without traditional income limitations.
Who It’s For
Real estate investors who want to build or expand their rental portfolios without relying on traditional income documentation.
Why Choose Dream Team Lending?
✅ Fast application and approval process
✅ Local Expertise
✅ Dedicated loan officers to guide you
📞 Ready to Apply?
Our team is ready to help you find the best financing option. Call us at 614-354-5000.