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Federal Housing Administration (FHA) mortgages are designed to provide low down payment financing and are a great option to consider if you are trying to finance a home with as little cash down as possible. FHA loans provide home buying opportunities for individuals with higher debt-to-income ratios.
Borrowers can benefit from lower down payment and closing cost requirements:
Department of Veterans Affairs (VA) mortgage allows qualified veterans the opportunity to purchase a home with special financing options.
VA benefits include:
Conventional mortgages are available to all borrowers and are ideal to those with good or excellent credit. This type of loan typically follows conservative guidelines for credit scores, minimum down payments and debt-to-income ratios.
RB Mortgage LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU).
Ph: 210-637-3041 / 800-580-3300 (ext. 73041)Fax: 210-637-3600NMLS# 862516