TYPES OF HOME LOANS FOR HOME BUYERS

HOME BUYERS TYPES OF HOME LOANS FOR Conventional People apply for this loan to buy investment homes or purchase their first or second property . A down payment of three percent is possible A T TYPES OF HOME LOAN 80 % O n Jumbo Mortgage Homebuyer say their house is the best investment they ever made Lend money to borrowers that couldn't get a conventional mortgage . Jumbo's interest is as good as other loans . Some borrowers can use the opportunity to be homeowners in rich neighborhoods in the US . Mortgages Insured By 11 IT The Government Fewer credit requirements for borrowers . No need to make a huge down payment . Adjustable Rate Mortgage Suitable for people who don't plan to occupy the house for long . These sets of people would rather make smaller payments in a short period . In addition , they are okay with spending more money later .