
Richard Murray
Producing Branch Manager, NMLS# 220294
210.738.2244 Office

FHA
A Federal Housing Administration (FHA) Loan is the easiest home loan to qualify for, with a low down payment and flexible loan options this may be your best loan option. Here is some information on FHA home loans:
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Typical first-time homebuyer loan
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Lower down payment
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Lower minimum cash to close
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Seller can contribute up to 6% towards your closing costs
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Debt to income thresholds are higher
CONVENTIONAL
A Federal Housing Administration (FHA) Loan is the easiest home loan to qualify for, with a low down payment and flexible loan options this may be your best loan option. Here is some information on FHA home loans:
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Can be used for residential or investment
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*3-5% down payment options available
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PMI- (private mortgage insurance) required on loans with less than *20% down
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Must have a minimum credit score of 640


VA
VA Home loans are designed for the men and women who have served this country, if have served or are currently serving out country this is a great home loan option. Let us pull your certificate of eligibility and determine how much house you qualify for.
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No down payment
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All closing costs can be paid by the seller
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Flexible credit requirements
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No private mortgage insurance (PMI)
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Veterans can use their bonus entitlement to purchase additional homes
OTHER LOAN PRODUCTS
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USDA
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Renovation/ Rehab Loans
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Jumbo Loans
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Construction Loans
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Refinances
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Down Payment Assistance Loans

