Posted on: 18th Jun, 2004 05:04 am
I want to purchase a house, which loan type is right for me ?
Thanking you in advance
Mark
Thanking you in advance
Mark
There are many types of loans available. For Example- Conventional loans, Government loans, VA loans, Jumbo loans, etc. For more help please feel free to visit our website.
www.mortgagefit.com
With Regards,
Karen
www.mortgagefit.com
With Regards,
Karen
Mark,
If you are a Veteran, I would recommend a VA Laon
If you dont have a big down payment I would recommend FHA
If you 20% or more to put down and good credit, I would say conventional would be the best bet
Other factors are to be considered but those are good basic guidelines.
If you are a Veteran, I would recommend a VA Laon
If you dont have a big down payment I would recommend FHA
If you 20% or more to put down and good credit, I would say conventional would be the best bet
Other factors are to be considered but those are good basic guidelines.
Mark
Welcoem to the forum
Lot of factors go in to deciding which type of loan is good for you
Income
Credit report
Valaue of the house
Down payment
Debt to Income ratio
Job History
Good luck and feel free to ask
Welcoem to the forum
Lot of factors go in to deciding which type of loan is good for you
Income
Credit report
Valaue of the house
Down payment
Debt to Income ratio
Job History
Good luck and feel free to ask