Home Loan Types and Mortgage Options
Whether you're a first-time homebuyer or you already know the ropes, Flagstar Bank offers a wide variety of mortgage options to match your individual needs. Contact our lending experts to learn more about our personally-tailored mortgage options, compare mortgage loans, or apply for a home loan today.
Our most popular home loans
Let’s face it: when it comes to applying for a mortgage, we know you have a lot of choices. So how do you know what’s right for you? Our mortgage financing team is here to help you find the right home loan to fit your family and finances. Here are our most popular home loans to get the conversation started. If you need further help balancing your mortgage options, our variety of Mortgage Loan Calculators are for you.
The longest fixed term available makes this a popular choice. The interest rate set at closing remains constant.
Great if your goal is to pay off your loan faster and you are comfortable with a higher monthly payment.
Insured by the Federal Housing Administration, this mortgage offers more flexible qualifying criteria and low down payments.
Designed specifically for veterans and active-duty personnel, this loan often requires no down payment and flexible qualifying criteria.
Types of mortgages
Home loans come in all shapes and sizes, but it’s all about finding the perfect fit for your lifestyle. Applying for a mortgage online is quick and easy, and then our bankers can help you figure out the best path forward with competitive interest rates, loan terms, and more.
A locked-in rate and consistent monthly payments make this our most popular home loan. Terms available from 8-30 years.
Special home lending products backed by federal and state governments offer significant savings to those who qualify.
Find a mortgage solution for your unique situation, including jumbo loans, higher-cost areas, or multiple properties.
Professional Loans
Adjustable rate, fully amortizing, first lien mortgage loan program for licensed professionals in approved fields.
Looking to build your dream house or make substantial improvements to your current home? Start here.
Down payment assistance, home loan grants, and other special mortgage programs.
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Programs for qualified borrowers. All borrowers are subject to credit approval, underwriting approval and product requirements, including: loan to value, credit score limits and other lender terms and conditions. Fees and charges may vary by state and are subject to change without notice. Some restrictions may apply. Not a commitment to lend.