Home Loans That Light the Way
Find the right mortgage for you, backed by guidance you can trust.
How Luminate helps you find the right loan for you.
Home loans aren’t one-size-fits-all. That’s why Luminate offers multiple options from flexible conventional loans to government-backed programs like FHA, VA, and USDA loans. Wondering, “Do I qualify for a conventional loan?”, “Are FHA loans hard to get?”, “Do banks give VA loans?”, or “What is a USDA loan and is it right for me?” You’ve come to the right place.

At Luminate Bank, we make it our priority to guide you through the best financial decisions, with your interests at heart. We’re here to make the lending process approachable, transparent, and even a little inspiring. Let us light the way to homeownership for you.
What are my loan options?
A conventional loan is a mortgage that’s not guaranteed or insured by a government agency. If you have a solid credit score and funds for a down payment, a conventional loan can offer lower costs and more flexibility.
- Minimum 3–5% down payment
- No mortgage insurance when you put 20% down
- Flexible property standards
- No upfront government program fees
- Faster closings—often in as little as 21 days
Conventional Loans
FHA Loans
An FHA loan is insured by the Federal Housing Administration. It’s designed for buyers who have a lower credit score, less cash for a down payment, or a higher debt-to-income ratio. FHA loans even offer options like the 203k FHA loan for fixer-uppers.
- Credit scores as low as 580
- Only 3.5% down payment required
- Higher debt-to-income ratios allowed
- Down payment assistance programs welcome
- Fixed mortgage insurance rates
VA Loans
VA loans are available to qualified U.S. veterans, active-duty service members, and some surviving spouses. Backed by the Department of Veterans Affairs, these loans offer a well-deserved thank you for your service.
- 0% down payment
- No monthly mortgage insurance
- Lower closing costs
- Additional benefits for disabled veterans
- Flexible qualification standards
USDA Loans
USDA loans, backed by the U.S. Department of Agriculture, are ideal for buyers looking in rural areas who meet certain income requirements. If you’re looking for life away from the city, a USDA loan may be just what you need.
- 0% down payment
- Reduced mortgage insurance
- Lower mortgage rates
- Flexible qualifying standards
- Safe, quality property guidelines
Do you qualify?
If you’re unsure which loan you qualify for, or which one makes the most sense for your goals, don’t worry. Our team is here to talk through your options, answer all your questions, and guide you toward the best choice.
Here’s what you’ll typically need:
- Conventional: Good credit score, 3–5% down
- FHA: 580+ credit score, 3.5% down
- VA: Verified service history, VA eligibility certificate
- USDA: Meet area income limits and rural property criteria
And no matter which path you take, our team will make sure the process stays clear and approachable from start to finish.
Still unsure which loan is right for you?
That’s okay, because we’re here to help every step of the way. At Luminate Bank, we focus on people first. We believe character counts, and we work hard to keep the lending process transparent and approachable.
You’ve got options. We’ve got answers. Let’s light the way to your next home.