|
Loan Programs
The loan you qualified for might not be your best fit
When you first got approved, you probably received one loan program as your option. But there's a good chance you qualify for several—and some may work better for your situation than others. A conventional loan, an FHA loan, a jumbo product, or an ARM might all be available to you, each with different trade-offs on rate, payment, flexibility, and long-term cost. The right choice depends on your timeline, how much you're putting down, your credit profile, and how long you plan to stay in the home. It's worth revisiting this question before you lock in, especially if your circumstances have changed since your initial application. I'd like to walk you through what's actually available to you and why one program might serve you better than another. Let's talk about which loan program makes the most sense for your goals.
|