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Types of Home Loans and Special Considerations: Benefits You May Be Qualified For

Posted by Andy Brikho on June 12, 2018

Mortgages can be challenging to get approved for if your financial profile is not as pristine as it could be, but there are different types of home loans and mortgage assistance programs that can help. Conventional lenders typically prefer to deal with borrowers who have stellar credit, have a sizable amount of money to use for a down payment and earn a good income. Those who don't meet the stringent criteria of conventional lenders, like having less-than-perfect credit, may have a harder time getting approved for the mortgage loan they need to buy a home.


Topics: Mortgage Types, Types of Home Loans