The term Conventional Loan includes all loans under the current FNMA and FHLMC lending limits. These may be called Conforming, A paper or Prime Credit. Conventional A Paper financing relies heavily upon credit scoring, if your score is below the minimum standard, you will not qualify or you will be placed in the Alternative Funding Department. Currently the minimum down payment in California is 10%, due to current (PMI) Private Mortgage Insurance  requirements. The maximum current loan amount allowed for an Conventional Conforming Loan varies from county to county. The highest maximum Conventional Conforming Loan limit is currently $729,750, and the lowest maximum Conventional Mortgage amount available in any county is $417,000.

  Is a Mortgage Loan in the United States guaranteed by the U.S. Department of Veteran Affairs. . The basic intention of the VA direct home loan program is to supply home financing to eligible veterans to help veterans purchase properties with no down payment. The VA loan allows veterans 100% financing, a VA funding fee of 0 to 2.15% of the loan amount is paid to the VA and is allowed to be financed. In a refinance, veterans may borrow up to 90% of reasonable value, where allowed by state laws. As of January 1, 2007, the maximum VA loan amount with no down payment in San Diego County is $593,750

  Most people that have heard of FHA loans tend to associate them with purchase money transactions. While purchases are the most common use, FHA loans are also available for Rate and Term Refinances as well as Cash Out Refinances. The main advantage of a FHA Loan is that the credit qualifying criteria for a borrower are not as strict as conventional loan and the down payment or Equity requirements are less. FHA loans will allow the borrower who has had a few "credit problems" or those without a credit history to buy a home, and FHA allows a borrower to have their down payment gifted from a family member, a governmental agency, or Non-Profit Organization. One drawback to FHA loans is that the loan limits set for FHA loans are typically less than the loan limits for conventional financing in most parts of the country.

(U.S. Small Business Administration] offers numerous loan programs to assist small businesses.  It is important to note, however, that the SBA is primarily a guarantor of loans made by private and other institutions.

Basic 7 (a) Loan Guaranty - Serves as the SBA's primary business loan program to help qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels. It is also the agency's most flexible business loan program, since financing under this program can be guaranteed for a variety of general business purposes. Primarily used for: Start-up and existing small businesses, commercial lending institutions.