What are the best types of loan for you? Use this page as a guide, or contact us below!
$
5%
1%
5%
$
$
$1421
Principal & Interest $1421
Monthly Taxes $1421
Monthly HOA $1421
Monthly Insurance $1421
$
5%
1%
5%
$
$
$1421
Monthly FHA Payment
Principal & Interest $1421
Monthly Taxes $1421
Monthly HOA $1421
Monthly Insurance $1421
Monthly Mortgage Insurance $0
$
0%
1%
5%
$
$
$1421
Monthly VA Payment
Principal & Interest $1421
Monthly Taxes $1421
Monthly HOA $1421
Monthly Insurance $1421
Purchase Price $1421
VA Funding Fee $1421
Amount Financed $1421
Which loan is right for you?
Conventional
A great option if you have a solid credit score and little debt.
They are the most common types of loans in the mortgage industry. They’re funded by private financial lenders and then sold to government-sponsored corporations Fannie Mae and Freddie Mac.
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FHA Loan
Insured by the Federal Housing Administration (FHA), and can only be provided by lenders approved by the FHA. Fixed term length of either 15 or 30 years. It’s a popular choice among first-time homebuyers, as well as buyers with limited savings or lower credit scores.
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VA Loan
Qualified and eligible Veterans are able to utilize the benefits of the favorable Veterans Affairs financing when buying a home or refinancing an existing mortgage. Typically this requires no down payment on a home purchase and no monthly mortgage insurance.
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Any Questions?
111 E Monument Ave #510
Kissimmee, FL 34741
Phone: 407.933.2242
Fax: 407.641.9202
Email: Susan@RockroseRealty.com