You'll want to have a mortgage professional prepare a couple of options for you so you can compare and decide which one best fits your needs.
For example: I noticed that you said you're looking at FHA because you don't want to use all of your money for a down payment. The thing is, FHA isn't the only low down payment option available & with the increase to the monthly mortgage insurance going into effect next month, it may not be the best fit for you. You can get a conventional mortgage with 3-5% down but you'll want to compare your options side by side before making a decision.
Please feel free to contact me for a free, no obligation comparison.
Senior Mortgage Banker
Peoples Bank & Trust Co.
Check out my recommendations here on Trulia from some of my past clients by clicking the following link.
May I suggest Brad Cohen? He is very knowledgeable and one of the top loan officers in the county.
Sr. Mortgage Banker
6550 Rock Spring Drive Ste 210
Bethesda, MD 20817
These are my two best lenders that I trust with all different types of loan programs:
Castle and Cook Mtg.
America's Mortgage LLC
Let me know if you need any help with a purchase. We are here to assist you with all of your realestate needs.
Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246
You are smart to shop around for a lender. Their levels of service and expertise vary greatly.
I would recommend any one of the three primary lenders we work with. All are locally based and can offer you a variety of loan options depending on your needs. We have worked with all of them for a while now and I can personally vouch for their excellent service and integrity.
Please contact me and I can send contact info for one or all three of them.
Marianne Bandy, CRS
The Bandy Team
RE/MAX Professionals - Denver CO
"From Our Heart to Your Home"
Search All Homes for Sale in Denver Area
I am a local lender and can help you get approved for a loan and answer any questions that you may have. Please let mek now when you're available to talk
We have sent people to http://eloanrates.org/ , they don't resell to multiple lenders and in Colorado I believe go through Pinnacle which is a low cost, high service provider.
I would love to assist you in your home financing needs. I am a local loan officer here in denver, and woudl be more than happy to assist you and give you informatioon on loand products and processes. If you would like to chat or get a second opinion on loan options/pricing. feel free to give me a call.
Mark Smith with Abacus Financial is awesome, one of the smartest people I know, his number is 303-488-0202. If you plan on using FHA or any government first time programs I would call Julie Mason with Universal, she is a plethera of knowledge and information and an amazing heart. If your planning on investing using your 401K I have a different lender for that.
Tom, if you can let me know what your intentions and goals are I will be better equipped to send you in a direction that serves all.