Unless you?re planning to pay all cash for a home, you?re going to need a mortgage. If you?re a first-time homebuyer, then you may not realize there are actually many types of mortgages out there. Shopping around for the best mortgage for your unique situation is always highly advised. But how do you even know where to begin? Let us break down the most common types of mortgages so you understand your options before you begin.


FHA贷款 非常适合首次购房者。他们得到了联邦住房管理局的支持。 FHA 贷款通常需要较低的信用评分和较低的首付。虽然传统贷款可能需要 20% 的首付,但 FHA 贷款通常只需要 3.5% 的首付。他们也有具有竞争力的利率。


Are you a veteran, service member, or military spouse? Then you may qualify for a VA loan. These mortgages are guaranteed by the U.S. Department of Veterans Affairs. These loans offer a no-money-down option which means you don?t need to have money saved for a down payment. These loans are not actually issued by the government. Instead, you can search for private lenders who offer VA loans. 访问 VA 网站 以了解您是否符合条件。


There is a third type of mortgage that is also backed by the government — a USDA loan. These are guaranteed by the U.S. Department of Agriculture. While this type of loan is often used for agricultural real estate, it is open to those in rural and suburban communities as well. Like a VA loan, these loans can offer full financing for a home, meaning you won?t need to come up with a down payment. They have competitive rates and low fees, making them another great option to look into. Visit the USDA网站 以了解您是否符合条件。


最后,一个 传统按揭 is the kind of loan that you?d apply for at your bank. Unlike the loans listed above, these are not backed by the federal government. Conventional loans can be ?conforming? or ?non-conforming? mortgages. If you opt for a conforming mortgage, then the lender will follow the rules set by Fannie Mae and Freddie Mac. While they aren?t backed by the government, they do follow the guidelines set by the government. Non-conforming loans, on the other hand, don?t follow those rules. If you don?t meet the guidelines set for by Fannie Mae and Freddie Mac, then you may qualify for a non-conforming loan. They are often good choices for those who need large loans, but you may also pay a higher interest rate.

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You have many choices when it comes to mortgages. That?s why it can be so helpful to have an expert on your side. If you?re getting ready to buy a home, then contact the experts at 代理公司949-791-8160 要么 [email protected]. We?d love to help you open your world to new possibilities!