That can actually depend on the location of the home you are interested in purchasing! Not everyone qualifies for every type of mortgage. An experienced mortgage banker would be your best resource to determine what type of mortgage might be the best fit for you.
There are Conventional Loans, USDA, FHA, VA, FHA 203K…and more!
One requires you purchase a home in a rural area…
One is for veterans…
Some require little to no money down…
One actually even gives you money to fix up a home!
Let me take the confusion out of the different types of mortgages and hone in on the one that is perfect for you.
Give me a call or email me. I’m always happy to help!