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Www Houseloanmortgageloans Tag Television Channel House Loan Mortgage Loans NEW FHA vs USDA COMPARISON

Www Houseloanmortgageloans Tag Television Channel House Loan Mortgage Loans

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P&I                                                                          $973.61                          $1048.84

MI                                                                             $146.25                                0

TOTAL PAYMENT                                                  $1119.86                         $1048.84

If you have buyers who have lower FICO scores and no no down payment money then the USDA program is the program for your buyer.  The new FHA is not as borrower friendly.  Higher FICO scores are necessary and as the chart shows payments are higher.                             

Interesting times in Webster, Ma.

 

 

 

 

 

 

 

 

 

                                                        

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Posted by Webster, Ma Conrad Allen, Realtor on 10/15/2010 02:46 PM   Comments (13)  
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13 Comments on NEW FHA vs USDA COMPARISON

OCT
15
2010

AWESOME POST!  And yes, it did post.  =)  You break it down so clearly.  Nice Job getting the point across!  USDA is a great option for a lot of buyers today. 

Sincerely,

Kathleen

8:53pm • #2
OCT
18
2010

Never seen this compared like this.  I think it might come in handy since both programs are available in my neck of the woods.

9:07pm • #3
OCT
19
2010

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #4

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #5

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #6

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #7

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #8

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:57pm • #9

Hi Carol,

With the right lender USDA is a terrific program.  Good luck.

3:58pm • #10
OCT
27
2010

Being a prior loan officer, I am knowledgable in regards to Rural Housing Loans - and they are great for buyers with good credit. No PMI is a set advantage with comparable interest rates and no down payment required.

11:11am • #11
OCT
28
2010

Hi Carla,

Saving hundreds of dollars with no PMI means they can buy a little more home.

 

1:50pm • #12
OCT
30
2010

I love the side by side comparision.  This is helpful to many buyers, as well as agents.

9:35am • #13

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Webster, Ma Conrad Allen, Realtor

Webster, MA

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Re/Max Professional Asociates

Address: 49 Main St., Sturbridge, Ma, 01566

Office Phone: (508) 400-0438

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