Which Home Loan Is Right For You?

Whether you're a first time home buyer, checking out a "For Sale by Owner" in your neighborhood or looking to shake things up with your current mortgage, M&T Bank can help. Below, we've outlined 10 loan types offered by M&T Bank, along with some of their benefits, to help guide you to your mortgage match.

Scroll down to learn about your options or talk to an expert, utilize our easy loan wizard to explore products, rates and payments, or get pre-approved now.

Features and Benefits	Minimum Down Payment	Minimum Credit Score	Maximum Loan Amount*	Interest Rate	More Flexible Qualification	Personalize a Rate and Payment Quote
ARM Not sure your new home is forever? An adjustable rate mortgage (ARM) could be calling your name.	5%	620	$484,350	Adjustable	―	GET STARTED
Fixed-Rate Really looking to settle down for a substantial period of time in one home? With as little as 3% down, a fixed-rate mortgage gives you the power to plan.	3%	620	$484,350	Fixed	―	GET STARTED
MyTerms M&T Bank's MyTerms mortgage gives you all the perks of a fixed-rate mortgage with the flexibility of selecting your term.	3%	620	$484,350	Fixed	―	GET STARTED
FHA A FHA Loan allows purchasers with credit scores as low as 580 to put down as little as 3.5% on a primary home.	3.50%	580	Per County Limit	Fixed or Adjustable		GET STARTED
VA A VA home loan offers up to 100% financing options, no income limits and flexible credit requirements.	0%	620	$726,525	Fixed or Adjustable		GET STARTED
USDA Does fresh air, open spaces and 100% financing sound appealing?	0%	640	$484,350	Fixed	―	GET STARTED
Super-Conforming Got an eye on a little more expensive neighborhood? A super-conforming loan may be the ticket.	5%	620	$726,525	Fixed or Adjustable	―	GET STARTED
Jumbo Looking for a heftier-than-usual loan? Instead of multiple mortgages, a jumbo loan may be a fit.	10%	680	$2,000,000	Fixed or Adjustable	―	GET STARTED
FHA Streamline Refinance Fine tune the terms or interest rate of your mortgage, and get back on track. With reduced documentation, the FHA Streamline Refinance can help.	0%	No Minimum	Per County Limit	Fixed or Adjustable		GET STARTED
VA Interest Rate Reduction If you have a VA home loan, here's a streamlined option to lower your interest rate.	0%	620	$726,525	Fixed or Adjustable		GET STARTED

ARM

Not sure your new home is forever? An adjustable rate mortgage (ARM) could be calling your name.

Features and Benefits
Minimum Down Payment	5%
Minimum Credit Score	620
Maximum Loan Amount*	$484,350
Interest Rate	Adjustable
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

Fixed-Rate

Really looking to settle down for a substantial period of time in one home? With as little as 3% down, a fixed-rate mortgage gives you the power to plan.

Features and Benefits
Minimum Down Payment	3%
Minimum Credit Score	620
Maximum Loan Amount	$484,350
Interest Rate	Fixed
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

MyTerms

M&T Bank's MyTerms mortgage gives you all the perks of a fixed-rate mortgage with the flexibility of selecting your terms from 10 to 30 years.

Features and Benefits
Minimum Down Payment	3%
Minimum Credit Score	620
Maximum Loan Amount	$484,350
Interest Rate	Fixed
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

FHA

A FHA Loan allows purchasers with credit scores as low as 580 to put down as little as 3.5% on a primary home.

Features and Benefits
Minimum Down Payment	3.50%
Minimum Credit Score	580
Maximum Loan Amount	Per County Limit
Interest Rate	Fixed or Adjustable
More Flexible Qualification
Personalize a Rate and Payment Quote	GET STARTED

VA

A VA home loan offers up to 100% financing options, no income limits and flexible credit requirements.

Features and Benefits
Minimum Down Payment	0%
Minimum Credit Score	620
Maximum Loan Amount	$1,500,000
Interest Rate	Fixed
More Flexible Qualification
Personalize a Rate and Payment Quote	GET STARTED

USDA

Does fresh air, open spaces and 100% financing sound appealing?

Features and Benefits
Minimum Down Payment	0%
Minimum Credit Score	640
Maximum Loan Amount*	$484,350
Interest Rate	Fixed
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

Super-Conforming

Got an eye on a little more expensive neighborhood? A super-conforming loan may be the ticket.

Features and Benefits
Minimum Down Payment	5%
Minimum Credit Score	620
Maximum Loan Amount*	$726,525
Interest Rate	Fixed or Adjustable
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

Jumbo

Looking for a heftier-than-usual loan? Instead of multiple mortgages, a jumbo loan may be a fit.

Features and Benefits
Minimum Down Payment	10%
Minimum Credit Score	680
Maximum Loan Amount*	$2,000,000
Interest Rate	Fixed or Adjustable
More Flexible Qualification	―
Personalize a Rate and Payment Quote	GET STARTED

FHA Streamline Refinance

Fine tune the terms or interest rate of your mortgage, and get back on track. With reduced documentation, the FHA Streamline Refinance can help.

Features and Benefits
Minimum Down Payment	0%
Minimum Credit Score	No Minimum
Maximum Loan Amount*	Per County Limit
Interest Rate	Fixed or Adjustable
More Flexible Qualification
Personalize a Rate and Payment Quote	GET STARTED

VA Interest Rate Reduction

If you have a VA home loan, here's a streamlined option to lower your interest rate.

Features and Benefits
Minimum Down Payment	0%
Minimum Credit Score	620
Maximum Loan Amount*	$726,525
Interest Rate	Fixed or Adjustable
More Flexible Qualification
Personalize a Rate and Payment Quote	GET STARTED

*Maximum loan amounts featured above assume a single family residence. Maximum loan amounts for multi-family (2-4) units are higher.

Some loan programs may require mortgage insurance. M&T Bank offers a wide variety of mortgage insurance options including lender paid, financed, single premium or monthly. There's even a way for the seller to pay for your upfront or single premium mortgage insurance. We've got you covered!

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Homeowners Just Love
M&T Bank

"I spoke with many lending institutions but chose M&T because of my fruitful conversations with my loan officer. I felt very comfortable with him. He was very attentive to questions and did a very good job at keeping me informed to where we were in the loan process."

- Keenan B., Canby, OR.

Seeking Mortgage Help? Get The Best Home Loan