Re: Evaluating Convention al vs. FHA (VA & USDA)
09-15-2010 01:32 PM
If someone has a credit score in the low 800's, total debt to income ratio of ~20% (with current mortgage or ~33% with potiential new mortgage) , around 21% down payment and another 14 months worth of mortgage in the savings; which would be the best deal for a 30 year mortgage? Would a conventional loan work best? Becasue it sounds like it might be...
"It requires wisdom to understand wisdom: the music is nothing if the audience is deaf." ~ Walter Lippman
“Give me a place to stand and a lever long enough and I will move the world” ~ Archimedes, 220 BC
"We can't solve problems by using the same kind of thinking we used when we created them." ~Albert Einstein
TU: 809 EFax:807 EX:818
“Give me a place to stand and a lever long enough and I will move the world” ~ Archimedes, 220 BC
"We can't solve problems by using the same kind of thinking we used when we created them." ~Albert Einstein
TU: 809 EFax:807 EX:818
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