• The best possible interest rate? • The best possible loan terms? • A low down payment — if that’s what you want? • An easy, stress-free closing?
Would you like to be able to make your offer “as good as cash” so you can negotiate the best price and terms? Whatever your goal is, Hook & Ladder Lending can help you get there. There are many different loan programs available for home buyers. Here are just a few: • Conventional—A conventional mortgage can lead to a low fixed rate or adjustable rate for your primary home, secondary home, or investment property. • FHA—An FHA mortgage is a great program for buyers. Its advantages are a low down payment without private mortgage insurance. The lender process can be streamlined, with no appraisal and reduced loan documentation to qualified applicants. • VA—A VA Mortgage offers many benefits, including no down payment and lower interest rates. • USDA—These are only available in certain areas deemed “rural” by the United States Department of Agriculture. Surprisingly, many properties on the outskirts of a metro area will qualify for these loan programs. The advantages of a USDA Mortgage are lower interest rates and zero down payment.
Knowing which program to choose can be daunting. Because
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