Thursday, May 15, 2014

Should I get an fha loan or a conventional loan? and Jeff Harry explains student loan reforms

Should I get an fha loan or a conventional loan?



I have a credit score of around 730, no credit card debt just a car loan. I make around 28,000 a year so its kind of hard to save for a home. Should I get an fha or a conventional loan?


loan best answer:

Answer by Real Estate Guy
FHA is 3.5% down and conventional is 5% down. UNLESS your area is in a "declining market" and then it's 10% down. Your lender can tell you if it is.

There is also USDA with 0% down and state bond programs.


loan

Jeff Harry explains student loan reforms
loan

Image by Obama For America - California



Orignal From: Should I get an fha loan or a conventional loan? and Jeff Harry explains student loan reforms

No comments:

Post a Comment