You will pre-qualify for a mortgage as one of the first steps in purchasing a home. That document will tell you, amongst other information, the price of a home you can purchase, the amount of your loan, and what kind of loan you will receive. There are three common types of loans: Conventional, FHA, and VA and many programs and loans available to the first-time home buyer as well as veteran purchaser. A lender will be happy to talk to you about them all. Your lender is the best resource for mortgage information, whether you deal with a bank, credit union, or some other type of lending institution.
The purpose of this video is to provide general information about the three common types of loans. Your lender will provide details about the programs and loans you are eligible for, but this video may help you make sense of the information presented to you.
When you're ready to buy a home, be sure to contact me!: www.connieryder.com or cryder@kushnerrealtyinc.com
I'm licensed in MA and CT!
About the Author
Connie Ryder
Hello, I’m Connie Ryder and I'd like to work with you to find a new home or investment opportunity. Whether you're buying your first home, or you know exactly what you're looking for, you'll benefit from having a real estate professional working on your behalf. Follow me on Facebook, You Tube (Ryder’s Reality), Wordpress (jackofalltradessolutions.com), and Instagram (yes, I’m all over like algae on a pond) to YOUR new home!
