Quick Guide to Different Mortgages Available

Posted by Carey Frankel on Friday, August 15th, 2014 at 8:59pm.

Mortgages: Different Types Available

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Financing is available at all different price points and down payments for your home search. VA & USDA allow for 0% financing but have additional fees and you have to qualify for. FHA loans can be used for a wide variety of products and require just 3.5% down but have additional fees. For the rest you have conforming and jumbo loans that require for the most part 10% down but there are some 5% down conforming loans out there.

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