Thinking about buying but unsure about mortgages?Feb. 25, 2020 | Written by: Annie Rodgers
Thinking about buying but unsure about mortgages? You’re not alone.
Here are just a few of the basic loans to consider.
FHA: Loans guaranteed by the Federal Housing Administration for first-time buyers. They generally enable qualified borrowers to enter the housing market with a lower down payment.
Conventional: Loans that usually require a larger down payment. Repeat buyers usually use these types of loans since they have an established credit history as well as more money from the sale of their previous home (called equity) for a bigger down payment.
VA: Loans available for Veterans of the U.S. Armed Forces and their spouses. They are guaranteed by the Department of Veteran Affairs.
USDA: Loans for those living in rural and suburban areas. A qualified lender can issue a USDA home loan, and they are guaranteed by the United States Department of Agriculture (USDA).
Wondering in you’ll qualify?
It’s easy, painless and quick to find out.
You’ll need 2 things to start:
1. The mobile friendly link below
2. 6 minutes to fill in your information.
Make Sure you list Annie Rodgers as your Realtor®️so you get the best experience.
Last but not least...maybe you know 1 person who would like to buy a home?
Please share this post with them, you could change their life.
Here is that link you need to click NOW to make a change
Annie Rodgers, Associate Broker
ILHM Member - Institute for Luxury Home Marketing
CROWN Real Estate
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