The type of property can affect your mortgage options in the following ways 

 Location: Properties in high-cost areas may be eligible for high-balance loans, which can exceed standard loan limits.

 Property type: Jumbo mortgages are often used for luxury homes and may require larger down payments.

Use of property: Government-backed loans like FHA, VA, and USDA loans are typically reserved for primary residences, while conventional loans can be used for second homes or investment properties.

Property value: The value of the property can impact the loan amount and loan-to-value (LTV) ratio, which can affect mortgage insurance requirements and interest rates.