Fixed loans Mortgage

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Fixed Rate Conventional Loans typically are harder to qualify for than FHA loans & require a slightly higher down pa...

  • Category: Financial & Legal Services
  • Published: 15/06/2016
  • Current Rating: 5.0/5 1 Vote

    Description

    Fixed Rate Conventional Loans typically are harder to qualify for than FHA loans & require a slightly higher down payment.


    Fixed Rate Loan


    5% down payment required on purchase


    Minimum credit score - usually 620


    Post- bankruptcy: can qualify after 4 years


    Post-foreclosure: can qualify after 7 years


    Post-shortsale: Can Qualify after 2 years (LTV restrictions may apply)


    Phone Number : 7028502790

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