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Purchase, refianace (cash out, rate and term), construction, rehab. FHA loans have some advantages that makes it a very popular home loan.
A conventional loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA), the Farmers Home Administration (FmHA) and the Department of Veterans Affairs (VA).
(United States Department of Agriculture)
A USDA loan (also called a Rural Development Loan) is a government insured home loan that allows you purchase a home with NO Money Down.
Jumbo mortgages, or jumbo loans, are those that exceed the dollar amount loan-servicing limits put in place by GSE’s Freddie Mac and Fannie Mae. This makes them non-conforming loans.
(Quality Mortgage)
This is a loan that does not fall on any of the above and are specifically structured for self-employed and investor borrowers.
Fix and Filp, New Construction
Real estate investors, 2nd mortgages and more.
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