All Loan Options

Whether you're looking to buy, lower your rate, or use your equity, Lower has options for you.

No-impact credit check. No commitment.

A man, woman, and child smile while moving into a new house.

Purchase

Flexible conventional loans, accessible FHA mortgages, VA loans with no down payment, jumbo loans for high-cost homes, and more.

See Your purchase options

Home Equity Loans

Choose between a fixed-rate, lump-sum home equity loan for large sums, or a revolving HELOC for flexible access to funds.

See How Much You Can Access

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Refinance

Refinance to lower your rate, change your mortgage terms, or even access your equity through a cash-out refinance.

Find out more about refinancing

Learn More About Our Loan Options

For buying a home

Conventional loans are the most common type of home loan. They come with built-in flexibility, and down payments as low as 3% if you're a qualifying first-time homebuyer.

But those aren't the only option for buying a home.

FHA loans: FHA loans have more flexible credit score and down payment requirements. We follow the agency guidelines for minimum credit scores and down payments, so you might qualify with a credit score as low as 580.

VA loans: VA loans feature competitive rates and no down payment requirement for eligible veterans.

Jumbo loan: Jumbo loans let you borrow above your county's conventional loan limit.

For lowering your rate

Rate-term refinance: A rate-term refinance replaces your mortgage with a new one. It can be useful if you're looking to take advantage of lower rates, or if you want to change your loan terms and save money on interest in the long run.

Cash-out refinance: A cash-out refinance replaces your mortgage with a new, larger loan and lets you access a portion of your equity.

For accessing your equity

A cash-out refinance isn't the only way to access your equity. If you're looking to consolidate debts, fund major home renovations, or pay for other life expenses, we have home equity options for you.

HELOC: A HELOC is a revolving line of credit secured by your home. Think of it like a home-backed credit card, just with a typically lower rate and a much higher limit. A HELOC is a strong option if you need flexible access to equity for phased expenses.

Home Equity Loan: Need a lump sum for one-time debt consolidation or a big project? Look no further than a home equity loan. Home equity loans have fixed rates, meaning you'll have predictable payments throughout the life of the loan.

Let's Go

No-impact credit check. No commitment.

5.0

Josie was honest, communicated frequently and consistiently.

Shannon G.

Verified Customer

August 10, 2026

5.0

I can’t say enough good things about Brian and his team at Universal Lending! From the very beginning, he was incredibly knowledgeable, responsive, and helpful throughout the entire process. He made everything feel so much easier and less stressful by always being available to answer our questions and explain every step clearly. Thank you so much, Brian, for all your help!

Danice T.

Verified Customer

August 8, 2026

5.0

The process was smooth from the very beginnin. The team explained everything along the way and we received the loan approval and closed sooner than expected which was incredible!

Keyren Z.

Verified Customer

July 11, 2026

5.0

Rayma, Thank you for your professionalism and advice for your experience and overrall knowledge of financing and how to approach buying a new home for someone from out of state. My family greatly appreciates your hard work and getting us in our beautiful home!

Jared H.

Verified Customer

July 28, 2026

5.0

Ruth was absolutely amazing, I started working with her prior to moving to Knoxville so I would know my options, she listented to what I was looking for, took notes to look into things I asked about and then with my options guided me in the right direction. During my first offer experience in Knoxville she and my agent Sydney took care of things for me so I wasn't bothered or stressed because we had run into a few hiccups with the house and other sellers agent. Ruth always had a listing ear any time I needed it and I appreciate her more than she probably knows. She also gave me an awesome painting of my new home at my closing which was extremely thoughtful. I would recommend her over and over again!

Kaci A.

Verified Customer

July 9, 2026

5.0

Easy no hassle closing

Eileen M.

Verified Customer

August 3, 2026

5.0

I was the listing agent on the deal and they provided great communication and updates throughout the transaction! Did a great job and had the deal closed on time!

Ryan G.

Verified Customer

July 29, 2026

5.0

The entire process was smooth . The team was very communicative and professional . all my questions were answered in a timely manor and it really felt like we were aware of all incoming documents and future documents This team was reall truly amazing

Jaquelin C.

Verified Customer

June 10, 2026

5.0

Great experience getting our home loan! Eva & Tanner were always available to answer all of our questions and make sure that we were well informed throughout the entire procross!

Nicole B.

Verified Customer

July 4, 2026

5.0

Adam was the best! From start to finish, he made what can often be a stressful process feel smooth, organized, and manageable. He was always available to answer questions, explain every step, and provide honest guidance throughout our home-buying journey.

Naoma G.

Verified Customer

May 29, 2026

5.0

Always available to answer questions and explain next steps to getting through the mortgage maze

Matthew W.

Verified Customer

June 16, 2026

5.0

Tawna's depth of experience with VA lending was extremely helpful

Jerry F.

Verified Customer

July 7, 2026

Shannon G. rated Josie George 5.0 stars: Josie was honest, communicated frequently and consistiently. Danice T. rated Brian Hafner 5.0 stars: I can’t say enough good things about Brian and his team at Universal Lending! From the very beginning, he was incredibly knowledgeable, responsive, and helpful throughout the entire process. He made everything feel so much easier and less stressful by always being available to answer our questions and explain every step clearly. Thank you so much, Brian, for all your help! Keyren Z. rated Zeida Mendez 5.0 stars: The process was smooth from the very beginnin. The team explained everything along the way and we received the loan approval and closed sooner than expected which was incredible! Jared H. rated Rayma McGehee 5.0 stars: Rayma, Thank you for your professionalism and advice for your experience and overrall knowledge of financing and how to approach buying a new home for someone from out of state. My family greatly appreciates your hard work and getting us in our beautiful home! Kaci A. rated Ruth Dudley 5.0 stars: Ruth was absolutely amazing, I started working with her prior to moving to Knoxville so I would know my options, she listented to what I was looking for, took notes to look into things I asked about and then with my options guided me in the right direction. During my first offer experience in Knoxville she and my agent Sydney took care of things for me so I wasn't bothered or stressed because we had run into a few hiccups with the house and other sellers agent. Ruth always had a listing ear any time I needed it and I appreciate her more than she probably knows. She also gave me an awesome painting of my new home at my closing which was extremely thoughtful. I would recommend her over and over again! Eileen M. rated Daniel Rubio 5.0 stars: Easy no hassle closing Ryan G. rated Dante Rosa 5.0 stars: I was the listing agent on the deal and they provided great communication and updates throughout the transaction! Did a great job and had the deal closed on time! Jaquelin C. rated Jill Taylor 5.0 stars: The entire process was smooth . The team was very communicative and professional . all my questions were answered in a timely manor and it really felt like we were aware of all incoming documents and future documents This team was reall truly amazing Nicole B. rated Eva Aycock 5.0 stars: Great experience getting our home loan! Eva & Tanner were always available to answer all of our questions and make sure that we were well informed throughout the entire procross! Naoma G. rated Adam Heiligman 5.0 stars: Adam was the best! From start to finish, he made what can often be a stressful process feel smooth, organized, and manageable. He was always available to answer questions, explain every step, and provide honest guidance throughout our home-buying journey. Matthew W. rated Marc Creach 5.0 stars: Always available to answer questions and explain next steps to getting through the mortgage maze Jerry F. rated Tawna Leonard 5.0 stars: Tawna's depth of experience with VA lending was extremely helpful

See Full Details

Refinance‍ for free. For life.*

No lending fees

Buy or refinance once and pay absolutely no lending fees again—that’s $1,500+ savings every time.

Worry free

Buy now or refinance now and know you can lower your rate later with peace of mind.

I want in

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