Question 1

What types of mortgage loans does Sebonic offer?

Accepted Answer

Sebonic offers Conventional, FHA, Jumbo, VA, and USDA loans. Each program has different down payment requirements, credit score minimums, and qualifying guidelines. See all five options side by side above, or get a personalized rate quote to see what you qualify for.

Question 2

What is the minimum credit score to get a mortgage?

Accepted Answer

It depends on the loan type. FHA loans allow scores as low as 550. Conventional loans typically require a minimum of 620. VA and USDA loans have flexible requirements. A higher credit score generally means a better rate.

Question 3

What is the difference between FHA and conventional loans?

Accepted Answer

FHA loans are government-backed and designed for borrowers with lower credit scores or smaller down payments, as little as 3.5% down. Conventional loans are not government-backed. They typically require stronger credit, and offer more flexibility on loan amounts and property types. Both are available through Sebonic.

Question 4

Can I get a mortgage with no down payment?

Accepted Answer

Yes. VA loans (for eligible veterans and active-duty military) and USDA loans (for eligible rural and suburban properties) both offer 0% down payment options. Get your personalized rate quote to see which program you qualify for.

Question 5

Does Sebonic show fees upfront?

Accepted Answer

Yes. Sebonic shows your full rate, lender fees, third-party costs, and closing costs before you apply, so you see the complete picture before you commit to anything.

Question 6

Do I need to call to get a rate from Sebonic?

Accepted Answer

No. Sebonic is built for online, self-serve access. You can see your personalized rate, compare loan options, and review all fees online — no phone call required. Expert support is available when you want it, but you'll never need to call first just to see your numbers.

Question 7

Does getting a rate quote affect my credit score?

Accepted Answer

No. Getting a rate quote with Sebonic does not affect your credit score. You can see your personalized rate and compare loan options without a hard credit inquiry. No cost. No commitment.

Question 8

Is Sebonic a licensed mortgage lender?

Accepted Answer

Yes. Sebonic® is a consumer-direct mortgage lender licensed in all 50 states, including the District of Columbia. NMLS #66247. Sebonic is a division of Cardinal Financial®.

Question 9

What is a jumbo loan?

Accepted Answer

A jumbo loan is a mortgage for an amount above the FHFA conforming loan limits for loans Fannie Mae and Freddie Mac can purchase. For 2026, the baseline limit is $832,750 in most U.S. markets, with limits up to $1,249,125 in designated high-cost areas. Sebonic offers jumbo loans up to $3M for primary and second homes, with competitive rates and flexible options including interest-only ARM. Get your instant rate quote to compare jumbo options side by side.

Question 10

How much down payment do I need to buy a home?

Accepted Answer

It depends on the loan type. FHA loans require as little as 3.5% down. Conventional loans start at 5% down. VA loans and USDA loans both offer 0% down payment options for eligible borrowers. Sebonic's instant rate quote will show you which programs you qualify for based on your down payment amount.

Question 11

What is a VA loan?

Accepted Answer

A VA loan is a mortgage benefit available to eligible veterans, active-duty service members, and surviving spouses. VA loans typically require no down payment, no private mortgage insurance, and offer competitive rates. Sebonic is an approved VA lender. See if you qualify with an instant rate quote.

Question 12

What is a USDA loan?

Accepted Answer

A USDA loan is a zero-down mortgage for eligible properties in rural and suburban areas, backed by the U.S. Department of Agriculture. USDA loans are designed for low- and moderate-income homebuyers and offer competitive fixed rates. Sebonic offers USDA loans in eligible areas across all 50 states.

Question 13

Can I compare multiple mortgage options at the same time?

Accepted Answer

Yes. Sebonic is built for side-by-side comparison. When you run a rate quote, you'll see multiple loan options — Conventional, FHA, Jumbo, VA, and USDA where applicable — with full rate, fee, and term details for each. No call required to see your comparisons.

All Your Options. Side by Side.

Pick the One That Fits.

Conventional Loan

FHA Loan

Jumbo Loan

VA Loan

USDA Loan

Down Payment Assistance

Common Questions. Clear Answers.

Know Your Costs Upfront, Not at Closing.