Types of Loans
Types of Financing
Types of Financing
FHA
CONVENTIONAL
USDA
VA
STATE HOUSING
Types of Financing
Types of Financing
Types of Financing
FIXED LOANS
AJUSTABLE LOANS
JUMBO LOANS
15-YEAR LOANS
30-YEAR LOANS
Preferred Lenders
Preferred Lenders
Preferred Lenders
Pinnacle Finacial Partners
Dani Gerald
843-568-5497
Ameris Bank
Joseph King
843-821-5076
FAQs
Preferred Lenders
Preferred Lenders
Q: What does my credit score need to be to qualify for a home loan?
A: FICO scores need to be a least 620. However, there are lenders who will go as low as 580 for an FHA loan.
Q: Do I need 20% down payment?
A: No. You can purchase a home with 3% or 3.5% down. A 20% down payment allows buyer to avoid mortgage insurance, reducing overall payment
Q: Are there 100% finance options?
A: Yes. Most common are VA and USDA. Some lenders have 100% funding options with higher credit scores.