financing-options

Buy Real Estate financing-options

  • Conventional Mortgage: This is a traditional mortgage offered by a bank or lender. It requires a down payment and is paid back over a set period of time.
  • Bridge Loan: This type of loan is used to bridge the gap between the sale of one property and the purchase of another. It is typically a short-term loan with a high interest rate.
  • USDA Loan: This type of loan is offered by the U.S. Department of Agriculture and is available for properties in rural areas. It requires no down payment and has lower interest rates.
  • VA Loan: This type of loan is available to veterans and their families and is guaranteed by the Department of Veterans Affairs. It requires no down payment and has lower interest rates.

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Overall, a conventional mortgage can be a good option for those who have a stable income, good credit score, and are able to make a down payment. It’s important to shop around and compare different lenders to find the best terms and rates for your situation.

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