Even with all the challenges surrounding FHA and conventional lending there still are two 100% choices. Following is a terrific loan that is geographic specific:
USDA Rural Housing Guaranteed Loan
- 100% financing
- No monthly mortgage insurance
- Fixed rate
- Property must be outside the city limits of Lafayette/West Lafayette-small towns such as Mulberry, Romney, Monticello, and Crawfordsville are included
- No mortgage limits, however income guidelines based on family size apply. The good news is that these income limits are scheduled to increase at some point this fall
- Alternate credit sources allowable
VA = A Great Loan For Veterans
- 100% financing
- No monthly mortgage insurance
- Fixed rate
- No geographic limitations
- Buyer must be on active duty, a Veteran, Reservist or in the National Guard
- Alternate credit sources allowable
To determine whether any of these financing options are possibilities for your particular situation apply online at: www.DavidMennen.com
DAVID MENNEN
Mortgage Consultant, Owner
Tippecanoe Mortgage, Inc.
1221 S. Creasy Lane, Suite J
Lafayette, IN 47905
Direct: (765) 448.3200
Fax: (765) 448.6398
Email: dmennen@tippecanoemortgage.com
Website: www.DavidMennen.com
The #1 FHA Lender in Tippecanoe County - Since 2003!
P.S. If you are ready to talk with us right now, call 765-448-3200. If you miss us, please leave your name and number. We will get right back to you.
P.S.S. On my website I offer tons of free consumer reports to help renters, buyers, sellers and homeowners looking to refinance. To get your own FREE copy of these reports, just go to http://www.davidmennen.com/buyer_reports.html!
Local Mortgage services for Greater Lafayette, West Lafayette Indiana, Purdue, Tippecanoe County, and the surrounding areas. Local Service with internet rates! Free Quotes! Visit my website for great financial information. http://www.davidmennen.com/
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