Loan Products

Find the right loan

NVR Mortgage offers a wide range of loan programs to fit your specific individual needs. Based on your feedback, we can help you choose a program best positioned to meet your needs.

What Loan Product is Right for Me?

Fixed Rates

Interest rate never changes

Your interest rate and monthly principal and interest (P&I) payments remain the same for the life of your loan!

Fixed Rates
  • The interest rate and monthly principal and interest (P&I) payments remain the same for the life of your loan.
  • Great for those on a fixed income.
  • Great for those who plan to make this their long-term home.

Adjustable Rate Mortgages (ARMs)

Low initial monthly payment

Your interest rate and monthly principal and interest (P&I) payments remain the same for a set initial period, based on the type of ARM loan that you have selected. After the initial period, your interest rate will then adjust annually.

Adjustable Rate Mortgages (ARMs)
  • The interest rate and monthly principal and interest (P&I) payments remain the same for a set initial period, based on the type of ARM loan selected.
  • After the initial period, your interest rate will then adjust periodically.
  • The Initial ARM rate is typically lower than a fixed rate loan.
  • Beneficial for those whose income is expected to increase in the future.
  • Great for those who plan to move in five to seven years.

What loan size is right for me?

Jumbo

Loan amounts greater than $484,350

Provides financing for loan amounts greater than $484,350.

Jumbo
  • The interest rate and monthly principal and interest (P&I) payments remain the same for the life of your loan.
  • Great for those on a fixed income.
  • Great for those who plan to make this their long-term home.

Conforming

Loan amounts $484,350 or less

Provide financing for loan amounts less than or equal to $484,350.

Conforming
  • Provide financing for loan amounts less than or equal to $484,350.
  • Follows industry standard underwriting guidelines.

What programs am I eligible for?

First-Time Homebuyer Programs

Lower down payment

Offered to borrowers who have not owned a home in the past 3 years.

First-Time Homebuyer Programs
  • May be available to borrowers who have not owned a home in the past 3 years.
  • Benefits vary based on geographic locations.

Government Programs

Down payment assistance offered

Federal, state and local agency programs to assist people with buying a home. Loans offered from FHA, VA, and USDA.

Government Programs
  • Federal, state and local agency programs to assist borrowers with purchasing a home.
  • Loans offered from FHA, VA, and USDA.
  • Lower down payments available.
  • Lower credit scores permitted.
  • Down payment assistance may be available.
This is the 8th house I have purchased and the very best mortgage experience to date. Your associates were always professional and knowledgeable. I would recommend NVR to all of my friends.

William B., Eastern Shore, MD