Home Financing & Mortgage Closing Costs – What You Need to Know best in 2023
| | | | |

Home Financing & Mortgage Closing Costs – What You Need to Know best in 2023

The type of loan you choose will affect the interest rate you pay, as well as the mortgage closing costs. In this blog post, we’ll discuss some of the most common types of home loans, as well as what you can expect in terms of mortgage closing costs.

Conforming Loan -A non-government sponsored loan with low down payment options
| | | | | | | | |

Conforming Loan -A non-government sponsored loan with low down payment options

Conforming loan is a sub-category of a conventional loan that meets the dollar limits set by the Federal Housing Finance Agency (FHFA) and the funding criteria of set by FreddieMac and FannieMae. For borrowers with excellent credit, a conforming loan is advantageous due to its low interest rates and lower down payment compared to other conventional…

End of content

End of content