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  • Writer's pictureMeagan Roe

Types Of Mortgages


🏠 Mortgage 101:


1️⃣ Conventional - Backed by Fannie/Freddie, 3% down, up to 30 yrs

2️⃣ FHA - 3.5% down, lower credit OK, up to 96% of the value

3️⃣ VA - No down payment for veterans, 100% financing


Conventional:


👍 Easier to qualify if good credit

💸 Lower down payment - just 3%



FHA:


🆓 Lower down payment - just 3.5%

💳 Lower credit scores OK


VA:


🚫 No downpayment required

🥳 100% financing available


Want help picking the right mortgage? Let me connect you with my trusted lenders.

They'll advise on the best loan for YOUR situation! 🏡🤝


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