There are several different Loan Programs that are Available in today’s marketplace.  However, there are a lot less types of loans today than what was available several years ago.
All of the crazy loans are gone such as pay-option arms, 100% financing, stated income/stated asset loans, etc. that helped to cause the housing crash.

You will have to show your income and assets in almost all cases.

The question of which one is right for you will be based on a number of factors:
1. How long do you plan on staying in the home?
2. How much money do you have to put down?
3. Are you buying the home to live in, a 2nd home, or investment?
4. Adjustable verses Fixed?
5. Conventional verses Government loan?

Once you have the answers to these questions, the remaining process can move forward.

Frank Verni
Broker / Realtor
Quest Realty
Email: [email protected]
916-719-6161
DRE # 01390255