VA loan vs FHA loans
March 3rd, 2010 | by admin |
Jeff Sargent of ONB Bank discusses the difference between VA loans and FHA loans and why they are important to first time home buyers.
Duration : 0:4:4
Jeff Sargent of ONB Bank discusses the difference between VA loans and FHA loans and why they are important to first time home buyers.
Duration : 0:4:4
5 Responses to “VA loan vs FHA loans”
By Gracezxasdq on Mar 3, 2010 | Reply
I really liked your …
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By tulsarealestate on Mar 3, 2010 | Reply
good clarification. …
good clarification.
thanks for adding that valuable input.
By jsisco0520 on Mar 3, 2010 | Reply
If you qualify for …
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.
By jsisco0520 on Mar 3, 2010 | Reply
Don’t confuse the …
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.
By fitnessnews on Mar 3, 2010 | Reply
This is valuable …
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.