Here's the Scoop on Conventional Loans

Mortgages not backed by a government agency (such as FHA) are known as conventional loans. Such mortgages can have either fixed or adjustable rates, and usually require a down payment of 20% or more.

Since the loan isn’t insured by the government, the lender is essentially taking on a greater risk if you as the borrower were not able to repay the loan. Because of this, home buyers with low credit scores wouldn’t normally qualify for conventional loans; lenders need more assurance that the...

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From: FHAdotcom

Related topics : credit loan mortgage score / low credit score loans / conventional loan

Refinance your FHA Loan with a Fannie Mae Loan and drop the PMI

http://www.prestonware.com/refinancemyfhaloan Florida FHA mortgage holders who bought their homes three years ago should start looking at this alternative to drop PMI now. 561-329-0075

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From: Preston Ware

Related topics : refinance fha home mortgage loan

www.lendersgreen.com Refinance and get a low mortgage interest rate, 100%, home loan help

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From: melchestersmith

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From: ez loanrate

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Traditional Versus FHA - What Type of Mortgage Loan Should I Get?

Hello, I’m Brian Spitz, President of Big State Home Buyers, and today we’re visiting with James Beaver from Envoy Mortgage. We’re going to talk a little bit about the difference between conventional financing—traditional financing—and FHA financing. This is when you go to borrow money to buy a new home. James is an expert at mortgage lending and offers great services at Envoy Mortgage.

Conventional Loans vs. FHA Loans

Maximum You Can Borrow

Jumbo Loans

Minimum Percentage

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From: Big State Home Buyers

Related topics : mortgage loan fha / loan home mortgage

FHA 203k Rehab Mortgage Loan - Charlotte NC

http://activerain.com/blogsview/4707557/how-to-get-a-home-loan-in-charlotte-nc-video The FHA 203k loan program is a great mortgage to allow you to purchase a home that may need a roof, HVAC, carpet & paint, or even a new kitchen. Taking the cost of the home itself in addition to the cost of the rehab and getting an FHA 203k rehab loan for the entire amount (minus down payment, of course) makes this a great program. Charlotte NC Realtor® Roger Holloway interviews Senior Loan Officer Jeff...

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From: Roger Holloway

Related topics : new homes nc charlotte / construction loans nc / mortgage loan fha / fha home loans

7th Level Mortgage LLC - LOAN EXPERTS NJ PA DE FL and NY

7th Level Mortgage, LLC is a trusted provider of mortgage loans, home loans, refinance mortgages, Jumbo loans, FHA Mortgage, VA Mortgage, HARP loans, First Time Home Buyers, Commercial and Business loans as well as Reverse Mortgage loans. Get mortgage rates for refinancing, buying a home or business purposes in any of the following locations, New Jersey, Pennsylvania, Delaware and Florida.

If you're looking for a mortgage or financing to buy a home, refinance your existing home or start a...

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From: Mortgage News Channel

Related topics : refinance fha home mortgage loan / business mortgage loan / fha home loans