Residential Loans

Your Home.Your Story.

Purchase, refinance, VA, FHA, jumbo, and specialty programs for homebuyers.

What We Offer

Residential Loans

Every borrower's situation is unique. Tovara offers a comprehensive range of loan programs to match your goals, timeline, and financial profile.

Buy a Home

Most Popular

Home Purchase Loans

Your dream home is within reach. Whether you're a first-time buyer or upgrading to your forever home, Tovara offers competitive purchase loan programs with personalized guidance every step of the way.

Program Highlights

  • Conventional loans with as little as 1% down
  • FHA loans for flexible qualification
  • Jumbo loans for luxury properties
  • Down payment assistance programs
  • Same day pre-approvals
  • Dedicated loan advisor from start to close

Refinance

Rate & Term / Cash-Out

Lower your monthly payment, access your home's equity, or shorten your loan term. Our refinance specialists will analyze your current situation and find the optimal strategy for your financial goals.

Program Highlights

  • Rate and term refinancing
  • Cash-out refinancing
  • Streamline refinance options
  • No-cost refinance programs
  • Break-even analysis included
  • Fast closing timelines

Home Equity Loan

Tap Your Home's Value

Your home is your most valuable asset. Leverage its equity for home improvements, debt consolidation, education, or any major expense — with competitive fixed rates and flexible terms.

Program Highlights

  • Fixed-rate home equity loans
  • Home equity lines of credit (HELOC)
  • Borrow up to 90% LTV
  • Interest may be tax deductible
  • Flexible repayment terms
  • No prepayment penalties

VA Loans

Veteran Exclusive

For Those Who Served

We are honored to serve those who served our country. VA loans offer exceptional benefits including zero down payment, no PMI, and competitive rates exclusively for veterans, active duty, and eligible surviving spouses.

Program Highlights

  • Zero down payment required
  • No private mortgage insurance (PMI)
  • Competitive interest rates
  • No prepayment penalties
  • Streamlined VA IRRRL refinance
  • Dedicated VA loan specialists

First-Time Homebuyer

Great for Beginners

Start Your Journey Right

Buying your first home is one of life's most exciting milestones. Our first-time homebuyer programs are designed to make the process accessible, transparent, and genuinely enjoyable.

Program Highlights

  • Low down payment options (0-3.5%)
  • Down payment assistance grants
  • Homebuyer education programs
  • Credit counseling available
  • Gift funds accepted
  • Step-by-step advisor guidance

Construction Loans

Build Your Vision

Build the home you've always envisioned from the ground up. Our construction loan programs provide flexible financing for new builds, major renovations, and custom home projects.

Program Highlights

  • One-time close construction-to-permanent
  • Interest-only during construction
  • Flexible draw schedules
  • Custom home and spec builds
  • Major renovation financing
  • Builder approval assistance

Bridge to Buy

Buy Your Next Home Before You Sell

The timing of buying and selling doesn't always line up. Tovara's Bridge to Buy suite of solutions lets you move forward confidently — even when your current home hasn't sold yet.

Buy on your timeline,

not the market's

Make stronger,

non-contingent offers

Tap into the equity

you've already built

Avoid rushed decisions

or temporary housing

Move forward with

clarity and control

Specialty Programs

STaR, Doctor Loans, and niche programs for unique borrower profiles.

Not every borrower fits the standard mold — and that's exactly where Tovara excels. From heroes in uniform to high-earning physicians, we have programs built for your situation.

STaR Program

First Responders, Nurses & Teachers

Serving Those Who Serve

Program Highlights

  • Eligible for teachers, principals, school counselors (K-12)
  • Eligible for police, sheriff, highway patrol, border patrol, correctional officers
  • Eligible for firefighters, first responders, and nurses (RN & CNA)
  • Available for VA, FHA, or conventional mortgages
  • Reduced lender fees for eligible buyers (up to $800)
  • Gift funds accepted for 100% of down payment
  • Potential exclusion of student loan payments with proof of deferment

Borrower Advantages

  • Reduce lending fees by as much as $800
  • DPA options to give more purchasing power and less out-of-pocket expenses
  • Reduce monthly mortgage payment with lender paid mortgage insurance
  • Float-down option if rates go down prior to signing loan documents
Medical Professionals

Doctor Loans

Built for Medical Professionals

Program Highlights

  • Up to 100% financing with no MI required
  • Loan amounts as high as $2.5 Million
  • Available for medical doctors, dentists, and veterinarians
  • New 1099 contract income allowed without 1-2 years of employment history
  • Future employment contracts or terms of employment acceptance acceptable
  • Short or incomplete job history accepted with employment contract

Borrower Advantages

  • Tailored for medical professionals with high loan amounts and more flexibility
  • Up to 100% financing with low reserve requirements
  • Future employment contracts accepted — ideal for newly matched residents
  • High debt-to-income solutions for those with student loan debt
Jumbo Solutions

Jumbo Loans

High-Balance & Luxury Financing

Program Highlights

  • Loan amounts up to $10,000,000
  • Max LTV/CLTV 90% for Primary Residence or Second Home
  • ARM, fixed, and interest-only options available
  • Credit scores as low as 660 considered
  • Asset depletion options available
  • Non-warrantable condo programs
  • Primary Residence, Second Home & Investment Properties allowed
  • Split mortgage options — may qualify more borrowers

Borrower Advantages

  • Gift funds and Stock (RSU) income allowed
  • Split mortgages can provide a lower overall payment than a single jumbo loan
  • Down payment may be as low as 10%
  • In-house delegated underwriting for faster closings

From Application to Keys — Fast.

Tovara's streamlined process removes friction at every step so you can close with confidence.