Our Free Purchase Assistant has been designed to help narrow down mortgage options based on your individual needs. It's quick, it's easy. FHA (96.50%) Conventional ( 95%) VA ( 100%) USDA Rural Development (102%) THDA (100%) Obtain information from several lenders Obtain all important cost information Obtain the best deal that you can Remember: Shop, compare, negotiate. http://justlistedknoxville.com/loans/
VA loans require zero down payment
USDA loans require zero down payment (have to make sure you are purchasing in an eligible area)
FHA Loans require 3.5% down payment
Conventional loans require 3% down payment
Each loan type above is the best for different buyers. Depending on your situation and priorities we can tailor a loan to meet your needs.
You can call me at 865 686 8711 or visit http://www.mcdonaldmortgage.com for additional information.
With a credit score of 700+ you should be able to get a 97% loan, putting down 3%. The more you put down, the better interest rate you'll get. FHA loans are 96.5%.
There are a variety of loans available and she would be more than happy to run some options for you.
Let me know if I can be of any assistance in finding a home!
Kathryn Burklund, Realtor
Caroline Holt, Realtor
Coldwell Banker Wallace & Wallace