Added: 4 years ago
From: tulsarealestate
Views: 11,578
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (9)

Sign In or Sign Up now to post a comment!
  • the truth

  • very interesting

  • Informative

  • Get a suitable mortgage plan for you home from IFG,Inc and live life without worries.

  • Don't confuse the details of these loans. You can borrow a max of 97.75% of your home's value with an FHA insured loan for a purchase or a No Cash Out rate/term reduction Refinance. If you want cash out you're maxed at 95% of your home's value.

  • If you qualify for VA benefits you can purchase with out a down payment and not have monthly mortgage insurance. There is a funding fee to use these benefits, which can be borrowed on top of your base loan.

  • @jsisco0520 One thing to also mention is that if you are a disabled vet the funding fee is actually waved. I am not positive on the % but I believe it is 10% and up.

  • good clarification.

    thanks for adding that valuable input.

  • This is valuable information for a home buyer who needs to have a basic understanding of home loans. Buyers need to know this so they are not taken advantage of by unscrupulous lenders and sellers can use the information so they understand how financing will affect their home sale.

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more