Sign Up For Our Newsletter
Summit Lending - A Direct Mortgage Lender

FREE SEMINAR - REGISTER NOW
Summit Lending Home Loans Mortgages Orange County
A Direct Mortgage Lender

Free Home Loan Mortage Seminar

Quick Contact
888-451-9006



Quick Contact
888-451-9006



Purchase Loans Refinances FHA & VA Loans
Conventional & Jumbo Loans


What is the best loan for good credit?

Back to all FAQs

The better your credit, the more loan options you'll typically have. All mortgage loans have varying benefits, so it's a matter of finding which benefit is most helpful to you. Active duty and veterans for example may find that a VA loan with no-money down makes the most sense. For other borrowers who don't plan to stay in a home for a long time, the best loan may be a short-term fixed loan, which will become an adjustable rate mortgage (ARM) unless you refinance, or sell. For other buyers in California with good credit, the best loan may be a standard 30-year fixed loan. You should let your mortgage broker know of your short and long term plans, so the loan that is best suited towards helping you reach your goals can be selected.