Home Buyer Infographics: How To Pick The Best Mortgage For Your Home
New infographic via The Mortgage Reports helps today's home buyers to identify
their most-suitable mortgage program. Choose from conventional mortgages, FHA
mortgages, VA home loans, USDA loans and more.
CINCINNATI, Ohio, April 30, 2013 (GLOBE NEWSWIRE) -- via PRWEB - The Mortgage
Reports (themortgagereports.com), a leading consumer website for
mortgage-related news, has launched its latest infographic: Finding Your Right
With the housing market recovering and the return of mortgage lending, it's
important for today's home buyers to understand mortgage financing options,
and to choose the best mortgage program to suit their individual needs.
This is why The Mortgage Reports created its latest infographic -- an
easy-to-follow flowchart highlights the optimal mortgage type for any home
buyer, in any U.S. market.
The infographic is free to share and to use, with attribution to The Mortgage
The infographic uses three specific loan traits as a starting point -- (1)
Downpayment Amount, (2) Loan Size and (3) Credit Score -- then follows-up with
specific questions to uncover a buyer's optimal mortgage program.
In addition to identifying conventional loan opportunities via Fannie Mae and
Freddie Mac, the flowchart identifies loan possibilities via the Federal
Housing Administration (FHA) and via jumbo mortgage lenders.
The infographic also checks for buyer eligibility for "special" loan programs
*Department of Veterans Affairs (VA) loans, which allow for up to 100%
financing with no mortgage insurance
*USDA Rural Housing loans, which allows for up to 100% financing in many
parts of the United States
*The Fannie Mae 97% Conventional loan, which allows for a 3% downpayment
comprised entirely as a gift
To view the complete graphic via The Mortgage Reports website, go to
About The Mortgage Reports
The Mortgage Reports (http://themortgagereports.com/) is a top-rated provider
of mortgage news to U.S. consumers. The Mortgage Reports was launched in 2004
and publishes daily. It's read by home buyers, real estate agents, title
company representatives, and mortgage industry insiders. Based in Cincinnati,
Ohio, The Mortgage Reports is helmed by Dan Green (NMLS #227607), an active
Waterstone Mortgage loan officer. Dan has been cited by the Wall Street
Journal, Forbes, Fox Business, CNBC and Business Week, among others.
This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
CONTACT: The Mortgage Reports
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