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Explore Our Loan Programs

At Hero Support Network, we offer a diverse range of loan programs designed to meet the unique needs of every borrower. Whether you’re a first-time homebuyer, an experienced real estate investor, a veteran, or self-employed, we have tailored solutions to help you achieve your financial goals.

Our programs combine competitive rates, flexible terms, and expert guidance to ensure you find the perfect fit for your situation. Explore our offerings to discover the loan program that works best for you and take the next step toward your dream of homeownership or financial freedom.

All In One Loan

An innovative mortgage solution that combines your home loan with a checking account, allowing your daily deposits to reduce the loan balance and interest costs.

Key Benefits:

  • Interest Savings: Lower your loan balance faster and save thousands in interest over time.
  • Financial Flexibility: Withdraw and deposit funds as needed, just like a checking account.
  • Accelerated Payoff: Use your income more efficiently to pay down your mortgage in less time.

Ideal For: Homeowners seeking to save on interest, reduce their loan term, and maintain liquidity.

Learn More: All In One Loan

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Bridge Loan

A short-term financing option designed to help homeowners purchase a new property while waiting for their current home to sell. This temporary loan “bridges” the financial gap, allowing you to move forward with your home purchase without the stress of timing the sale of your existing property perfectly.

Key Benefits:

  • Short-Term Financing: Provides funds while your current home is on the market.
  • No Contingencies: Purchase your new home without needing to sell your existing one first.
  • Flexibility: Use funds for a down payment, closing costs, or other purchase-related expenses.

Ideal For: Homebuyers in competitive markets who need to act quickly to secure a new home; homeowners who have equity in their current property but need funds for a new purchase; individuals looking for short-term financing to bridge the gap between selling and buying.

Learn More: Bridge Loan

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Conventional Loan

A popular mortgage option offering flexibility and affordability for various property types, including primary residences, second homes, and investment properties.

Key Benefits:

  • Flexible Property Types: Suitable for primary residences, second homes, and investment properties.
  • Low Down Payment Options: Loan-to-value (LTV) ratios up to 97% for purchases and rate/term refinances.
  • Competitive Loan Limits: Financing available up to county loan limits, with high-balance options for higher-priced homes.
  • Cash-Out Options: Access up to 80% of your home’s value for primary residences and 75% for second homes or investments.
  • Temporary Rate Buydowns: Reduce initial payments with lender- or seller-paid buydown options.

Ideal For: Borrowers with credit scores of 620 or higher seeking competitive rates and flexible terms; buyers looking to finance a second home or investment property; homeowners aiming to refinance for better terms or access home equity with a cash-out refinance; those preferring loan options without private mortgage insurance (PMI) when putting 20% down.

Learn More: Conventional Loan

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DSCR (Debt-Service Coverage Ratio) Loan

A specialized loan program designed for real estate investors, focusing on the property’s income potential rather than the borrower’s personal income. This approach streamlines the financing process, enabling investors to expand their portfolios more efficiently.

Key Benefits:

  • No Personal Income Verification: Qualification is based solely on the property’s rental income, eliminating the need for personal income documentation.
  • Flexible Requirements: Suitable for both new and experienced investors, offering adaptable underwriting criteria.
  • Portfolio Expansion: Simplifies financing for multiple properties, with higher loan amounts available for large-scale projects.

Ideal For: Real estate investors aiming to grow their portfolios quickly and efficiently without relying on personal income for qualification.

Learn More: DSCR Loan

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FHA (Federal Housing Administration) Loan

A government-backed mortgage program designed to make homeownership more accessible, especially for first-time buyers and those with limited credit histories. FHA loans offer lower down payment requirements and more lenient credit standards compared to conventional loans.

Key Benefits:

  • Low Down Payment: As little as 3.5% down, making it easier to afford your first home.
  • Flexible Credit Requirements: Qualify with a credit score as low as 580; some lenders may accept scores as low as 500 with a higher down payment.
  • Competitive Interest Rates: Government backing helps keep rates affordable.
  • Refinancing Options: Streamlined programs available to lower your rate or access home equity.

Ideal For: First-time homebuyers with limited credit history or savings; buyers looking for a low down payment option; borrowers with higher debt-to-income ratios needing flexible qualification guidelines.

Learn More: FHA Loan

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Home Equity Line of Credit (HELOC)

A revolving line of credit secured by your home’s equity, providing flexible access to funds for various financial needs. Similar to a credit card, a HELOC allows you to borrow, repay, and borrow again within your credit limit during the draw period.

Key Benefits:

  • Flexible Borrowing: Access funds as needed and pay interest only on the amount borrowed.
  • Lower Interest Rates: Typically offers lower rates compared to personal loans or credit cards.
  • Ongoing Access: Reuse your credit line during the draw period without reapplying.

Ideal For: Homeowners planning renovations, consolidating high-interest debt, or seeking a cost-effective and flexible way to cover ongoing expenses or emergencies.

Learn More: HELOC

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Home Equity Loan

A loan that allows homeowners to borrow against the equity they’ve built in their property, providing a lump sum of cash for various financial needs. This type of loan typically comes with a fixed interest rate and predictable monthly payments.

Key Benefits:

  • Fixed Interest Rate: Enjoy predictable monthly payments and protection from rate increases.
  • Lump Sum Payout: Receive the full loan amount upfront for immediate use.
  • Lower Interest Rates: Typically lower than credit cards or personal loans.

Ideal For: Homeowners planning large, one-time expenses like major home improvements or college tuition; borrowers consolidating high-interest debt into a single, manageable payment; individuals who prefer the stability of fixed monthly payments.

Learn More: Home Equity Loan

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HomeReady Loan

A conventional mortgage program designed to assist low- to moderate-income borrowers in achieving homeownership with flexible underwriting and low down payment options.

Key Benefits:

  • Low Down Payment: As little as 3% required, making it easier to purchase a home.
  • Flexible Income Sources: Allows consideration of income from roommates or family members to help qualify.
  • Reduced Mortgage Insurance: Lower mortgage insurance premiums compared to other low-down-payment loans.
  • First-Time Buyer Friendly: Special benefits tailored for those entering the housing market.

Ideal For: First-time homebuyers with limited savings; moderate-income borrowers seeking affordable mortgage terms; buyers who want to include additional household income to qualify.

Learn More: HomeReady Loan

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Jumbo ARM (Adjustable-Rate Mortgage)

A mortgage option designed for financing high-value properties that exceed conforming loan limits, featuring an initial fixed-rate period followed by adjustable rates.

Key Benefits:

  • Finance Luxury Homes: Suitable for properties above conforming loan limits.
  • Lower Initial Payments: Benefit from a fixed rate for 5, 7, or 10 years.
  • Flexible Terms: Ideal for buyers planning to refinance or sell within a few years.
  • No Private Mortgage Insurance (PMI): Typically not required.

Ideal For: Buyers purchasing high-value homes above conventional loan limits; borrowers seeking lower initial payments and flexibility to refinance later; homebuyers who plan to sell or refinance before the adjustable-rate period begins.

Learn More: Jumbo ARM

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One-Time Close (OTC) Construction Loan

A streamlined financing solution that combines construction and permanent financing into a single loan, simplifying the process of building your dream home. With just one closing, you can lock in your interest rate, make a single down payment, and undergo one approval process.

Key Benefits:

  • Single Closing: Combines construction and permanent financing into one loan, reducing time and costs.
  • Rate Protection: Lock in your interest rate with the option to adjust if market rates improve.
  • Convenience: Only one approval and credit check required, simplifying the process.
  • Flexible Options: Available for primary homes, second homes, and investment properties.

Ideal For: Individuals or families looking to build their dream home with a simplified financing process; veterans utilizing VA benefits for new construction projects; homebuyers seeking to combine construction and permanent financing into one easy loan.

Learn More: OTC Construction Loan

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Physician Loan

A specialized mortgage program tailored for medical professionals, offering favorable terms to accommodate the unique financial situations of doctors, dentists, and other healthcare providers.

Key Benefits:

  • No Private Mortgage Insurance (PMI): Eliminates the additional cost typically required for loans with less than a 20% down payment.
  • Low Down Payment: Options as low as 0% to 5%, making it easier to purchase a home early in your career.
  • Student Loan Flexibility: Deferred student loans often excluded from debt-to-income (DTI) calculations, recognizing the common financial burdens of medical professionals.
  • Competitive Interest Rates: Rates designed to meet the financial needs of medical professionals.

Ideal For: Licensed medical professionals, including doctors, dentists, and residents, especially those with significant student loan debt or limited savings for a down payment.

Learn More: Physician Loan

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PiggyBack Loan

A financing strategy where a second mortgage is taken simultaneously with the primary mortgage, typically structured as an 80-10-10 loan: 80% primary mortgage, 10% second mortgage, and 10% down payment. This approach helps borrowers avoid Private Mortgage Insurance (PMI) and reduce their down payment.

Key Benefits:

  • No PMI: Eliminates the need for Private Mortgage Insurance even with less than 20% down.
  • Lower Down Payment: Reduces the upfront cash required for your home purchase.
  • Flexible Financing: The second mortgage can be used for other financial goals, such as home renovations or debt consolidation.

Ideal For: Homebuyers with strong credit looking to minimize upfront costs and avoid PMI; borrowers seeking creative financing solutions in competitive markets.

Learn More: PiggyBack Loan

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Reverse Mortgage

A financial product that enables homeowners aged 62 or older to convert a portion of their home equity into cash without the obligation of monthly mortgage payments. The loan becomes due when the borrower sells the home, no longer occupies it as their primary residence, or passes away.

Key Benefits:

  • No Monthly Mortgage Payments: Enhances cash flow by eliminating ongoing mortgage obligations.
  • Access to Home Equity: Provides tax-free funds that can be used for various financial needs.
  • Retain Home Ownership: Allows homeowners to stay in their residence while utilizing its equity.
  • Flexible Payout Options: Offers choices such as lump sum, monthly payments, or a line of credit to suit individual needs.

Ideal For: Homeowners aged 62 or older seeking to supplement retirement income, manage medical expenses, pay off existing debts, or improve their quality of life without selling their home.

Learn More: Reverse Mortgage

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Self-Employed / Bank Statement Loan

A mortgage program tailored for self-employed individuals, allowing qualification based on bank deposits rather than traditional tax returns. This approach accommodates the unique financial situations of business owners and contractors with variable income or significant tax write-offs.

Key Benefits:

  • No Tax Returns Required: Qualify using 12 to 24 months of personal or business bank statements.
  • Flexible Income Verification: Ideal for self-employed or commission-based earners with non-traditional income streams.
  • Higher Approval Rates: Designed to accommodate complex financial situations common among self-employed individuals.
  • Versatile Property Financing: Applicable for primary residences, second homes, or investment properties.

Ideal For: Self-employed borrowers or business owners with non-traditional income; buyers with significant tax write-offs that impact qualifying income; individuals seeking flexibility without relying on traditional income documentation.

Learn More: Self-Employed Bank Statement Loan

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USDA Loan

A mortgage program backed by the U.S. Department of Agriculture designed to assist low- to moderate-income borrowers in purchasing homes in eligible rural and suburban areas. USDA loans offer 100% financing, making homeownership more accessible without the need for a down payment.

Key Benefits:

  • No Down Payment Required: Finance 100% of the home’s purchase price, preserving your savings.
  • Competitive Interest Rates: Benefit from affordable, government-backed fixed-rate financing.
  • Flexible Credit Requirements: Minimum FICO score of 620, with better terms available for scores of 640 and above.
  • Closing Cost Options: Possibility to finance closing costs or have them covered by seller contributions.
  • Versatile Property Eligibility: Applicable to various property types, including single- and multi-wide homes, condos, and Planned Unit Developments (PUDs).

Ideal For: First-time homebuyers or those with limited savings; individuals seeking to purchase a home in USDA-eligible rural or suburban areas; borrowers with moderate income who meet USDA guidelines.

Learn More: USDA Loan

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VA (Veterans Affairs) Loan

A government-backed mortgage program designed to assist veterans, active-duty service members, and eligible surviving spouses in achieving homeownership. VA loans offer favorable terms, including no down payment and no private mortgage insurance (PMI), making homeownership more accessible and affordable.

Key Benefits:

  • No Down Payment Required: Finance 100% of the home’s purchase price, preserving your savings.
  • No PMI: Eliminates the need for private mortgage insurance, reducing monthly payments.
  • Competitive Interest Rates: Benefit from lower rates exclusive to veterans and service members.
  • Flexible Credit Requirements: Qualify with a credit score as low as 580, accommodating various financial backgrounds.
  • Streamlined Refinancing Options: Easily refinance to lower your interest rate through the VA Interest Rate Reduction Refinance Loan (IRRRL) program.

Ideal For: Veterans, active-duty service members, and eligible surviving spouses seeking affordable homeownership with minimal upfront costs; borrowers looking to avoid PMI and reduce monthly payments; homeowners aiming to refinance to a lower interest rate or access home equity.

Learn More: VA Loan

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VA Elite Loan

A premium mortgage program tailored for veterans and active-duty service members with strong credit profiles, offering exceptional rates and terms for both standard and jumbo loan amounts.

Key Benefits:

  • Generous Loan Amounts: Finance from $125,000 up to county loan limits, with jumbo loans available up to $4 million.
  • High Loan-to-Value (LTV): Finance up to 100% LTV with no down payment required.
  • Flexible Property Types: Eligible for single-family homes, multi-wide properties, condos, and Planned Unit Developments (PUDs).
  • Temporary Rate Buydowns: Options for lender- and seller-paid buydowns to reduce initial payments.
  • Escrow Waivers: Available for loans up to 100% LTV, providing more control over payment options.

Ideal For: Veterans and active-duty service members with credit scores of 640 or higher seeking competitive rates and terms; those looking to purchase or refinance a primary residence with up to 100% financing; borrowers interested in jumbo loans for high-value properties.

Learn More: VA Elite Loan

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VA IRRRL (Interest Rate Reduction Refinance Loan)

A streamlined refinancing program, also known as the VA Streamline Refinance, designed to help veterans and active-duty service members with existing VA loans reduce their interest rates and monthly mortgage payments with minimal documentation and no appraisal requirements.

Key Benefits:

  • Unlimited Loan-to-Value (LTV): No LTV restrictions, offering maximum refinancing flexibility.
  • High Loan Amounts: Refinance loans up to $4 million, accommodating a wide range of homeowners.
  • No Appraisal Required: Skip the cost and time associated with a property appraisal.
  • Flexible Property Options: Available for single- and multi-wide properties, condos, and Planned Unit Developments (PUDs).
  • Versatile Use: Eligible for primary residences, second homes, and investment properties.
  • Lower Monthly Payments: Reduce your interest rate and save on your mortgage.
  • Streamlined Process: Fast and easy refinancing designed exclusively for VA homeowners.

Ideal For: VA homeowners looking to lower their interest rate or monthly payment; borrowers with an existing VA loan seeking a hassle-free refinance option; homeowners planning to switch from an adjustable-rate mortgage (ARM) to a fixed-rate loan for long-term stability; veterans and active-duty service members who want to refinance properties, including second homes and investments.

Learn More: VA IRRRL

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