Real estate blog entries tagged with loan advice by Gary Miljour - Mortgage Lending for Arizona and California (My City Lender Home Loans)

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Home : Blogs : Gary Miljour - Mortgage Lending for Arizona and California : Gary Miljour's Blog: Mortgage Lending for Tempe Arizona : Tag "loan advice"

loan advice: How to Save $72.00 a Month on Your Mortgage - 08/03/11 05:25 PM

Did you know that conventional loans are now offering very favorable terms to buy property with only a 5% down payment. Conventional loans still require higher credit scores to qualify, but if you have the excellent credit and are buying a home the Conventional option might pencil out better than the FHA option.

Let me try and share some loan option comparisons.

Conventional Loans:

Minimum Down Payment: 5% Credit Score: 660 or higher Mortgage Insurance Premium: Vary Competitive Rates

FHA Loans:

Minimum Down Payment: 3.5% Credit Score: 600 or higher Mortgage … (5 comments)

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Gary Miljour - Mortgage Lending for Arizona and California

Tempe, AZ

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My City Lender Home Loans

Address: 2350 E. Germann Road Suite 34, (Corporate Office) , Chandler, AZ, 85286

Office Phone: (480) 945-4545 x corp

Cell Phone: (480) 251-0002

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Arizona BK-0920007 California DRE-01889021 My City Lender Home Loans NMLS#161428 Gary Miljour Licensed Loan Originator NMLS#207208

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