benefits: Top 12 Benefits to the FHA Mortgage - 01/26/12 09:30 AM
Whether you are buying or refinancing  your home, the FHA mortgage maybe the best option for you.  Here are the top 12 Benefits of the FHA Loan:
 
1.      Low Interest Rates- FHA Mortgages tend to have lower rates than Conventional loans.  As an example if the FHA interest rate today is 3.75% than most likely the conventional loan rate is 4% or higher
2.      Lower Credit Scores- FHA Loans will allow lower credit scores than a Conventional Loan.  On a FHA Loan it is possible to get approved with a fico score as low as 580
3.      FHA Loans are … (2 comments)

benefits: 9 Benefits of the VA Mortgage - 01/17/12 08:11 AM
One of the greatest benefits to being a Veteran is the VA Mortgage.  Whether you are buying a home or refinancing that home, you can not beat a VA Loan.  Here are 9 benefits to them:
 
1.      0% Down Payment- When you purchase a home with your VA loan benefits you can purchase it with No Down Payment.  Unlike a FHA loan or Conventional, that do require a down payment of at least 3.5% or more
2.      No Monthly Mortgage Insurance- VA Loans do not require monthly mortgage insurance.  Giving you a great low payment.
3.      Fess the Seller … (2 comments)

 
David Krichmar, DaveYourMortgageGuy.com (www.DaveYourMortgageGuy.com - Legend Lending) Rainmaker large

David Krichmar

DaveYourMortgageGuy.com

Sugar Land, TX

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www.DaveYourMortgageGuy.com - Legend Lending

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