Loan Products

If you like having options, you've come to the right place. First things first - are you looking to purchase or refinance a home? We offer a wide variety of loan programs to suit the needs of first-time homebuyers, experienced homebuyers, those planning to fix up a home or build a new home, and those looking to refinance.



If you're looking to purchase a new home, we offer the standard conventional and FHA programs, as well as no down payment USDA and VA options. In addition, we offer a no down payment Wealth Building loan, Jumbo mortgage loan programs, and more.



Don't know where to start? We recommend that you connect with a Waterstone Mortgage loan professional to discuss your refinancing goals. Our mortgage loan originators will ask if you're aiming to reduce your monthly payment, save on interest, or use your home equity to get your hands on some cold hard cash (perhaps for that dream vacation, or something boring and sensible like debt consolidation? Hey, sometimes the boring choices are the right ones.)


Renovation Options

Did you find the perfect fixer-upper? A home in a great location that just needs a little TLC? We offer FHA 203(k) and renovation loan options for discerning homebuyers who want to turn something great into something grand. Renovation options are available for both home purchases and refinances.


New Construction Loan Options

Working with a builder to construct your dream home? We've got you covered there too. The Single Loan Close Construction Program is just like it sounds - one loan that covers it all. Whew, that was easy.


Specialty & Portfolio Options

For our clients with unique circumstances, we offer a wide variety of specialty programs to finance condos, investment properties, manufactured or mobile homes, and cabins or vacation homes. Our portfolio loan options, available through our parent company, WaterStone Bank SSB, can accommodate homebuyers in a unique position that require some common sense underwriting. We also have programs catered to medical and dental professionals; or those looking for a flexible guidelines coupled with a low down payment requirements.