Loan Options
Our Loan Products
Applying for a home mortgage is one of the biggest and most important financial steps you will take in your lifetime. The mortgage loan process can seem complex to many. Luminate Bank wants to ensure you feel fully educated as you move through this process.
As a mortgage planning professional, Gavin has an undeniable ability to put his client's needs first with his understanding of extraordinary customer service. His business model is built on communication, follow-through, and world-class service. Gavin’s professionalism is second to none, and he takes pride in going the extra mile to meet his borrower's goals. He is passionate about helping his clients reach their goal of homeownership and sharing in this exciting time of their lives. With his experience in a variety of loan programs that include FHA, VA, and Conventional, Gavin’s clients continue to find the right mortgage solution for their unique situations.
Conventional Loans
Helping you live the dream of homeownership. For first time buyers to experienced home owners: Conventional loans come in a variety of options to suit a broad spectrum of qualified borrowers.
- 3% payment required
- Minimum credit score of 620
FHA Loans
Making home-ownership accessible and affordable. The FHA loan is a great product that helps many people become homeowners. FHA loans are particularly designed to benefit buyers who do not have perfect credit or large down-payment.
- Great for first time home buyers
- 3.5% down payment required
- Minimum credit score of 600
- 6% sellers assist allotted
Veteran Loans
Let your military service get you a home. The VA loan is an excellent loan option that assists our Veterans with obtaining home-ownership.
- Great for active military and veterans
- No down payment required
- Minimum credit score of 620
USDA Loans
The USDA home loan program helps lenders work with low and moderate income families living in rural areas to make home ownership a reality. Providing affordable home ownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.
- Great for first time home buyers
- No down payment required
- Minimum credit score of 620
- Low fixed rate
- Low monthly mortgage guarantee fees
