Jason M. Ruedy: Responds to Alternatives to Putting 20% Down On a Home
PR Web |
Denver Mortgage Lender Jason Ruedy, also known as The Home Loan Arranger, agrees with a recent
The article states that the average selling price for homes in
"When it comes to purchasing a home with less than a 20% down payment, there are many options to explore. An FHA loan allows for a 3.5% down payment, conventional mortgages allow for a 5% down payment (with the purchase of required mortgage insurance), VA loans can require as little as a 0% down payment, conventional loans that can be combined with a home equity line or credit/loan, up to 95% CLTV, as well as many other options." -
While many mortgage industry professionals stress the value of a 20% down payment on a home, the alternatives mentioned in the
"In almost every situation imaginable, I am able to help anyone interested in purchasing a home. I help my clients figure out exactly what they can afford and also how they can secure the necessary loan(s) too make home purchases. As a mortgage banker with more than 21 years of experience, I've seen just about every loan option available. Essentially, if you want to purchase a home and you don't have a 20% down payment, call me and let me help you figure out a way to make it work." -
About The Home Loan Arranger:
Mr.
For media inquiries, please contact Mr.
The Home Loan Arranger
Phone: (303) 862-4742
Toll Free: (877) 938-7501
http://www.thehomeloanarranger.com/
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