Can you apply for both a conventional and FHA mortgage at the same time?
We are purchasing a new home and the builder is upset we are applying for a FHA Mortgage. The contract was written that we would go conventional, but, FHA is a lower monthly payment, lower interest rate. They are telling me that I need to get a commitment for both types of mortgages – can I do that?
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Tags:
buying a new computer,
chili,
computer reviews,
downpayment,
FHA Mortgage,
home business,
home warranty,
hotpoint,
HUD Homes,
interest rate,
interest rate futures,
longwood,
Mortgage programs,
mortgages,
organic clothes,
purchasing a new home,
remodelling,
Reverse Mortgage,
stamp duty,
straight talk,
student loan consolidation,
student loans
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Question : Where can I find the lowest mortgage rates and refinance rates in the USA on the internet? Do you think the rates have hit bottom? We like to use a local mortgage broker but the last time they did not over us the lowest rate out .... Question : Are these closing costs excessive for an FHA mortgage refinance? OK, are these numbers too high, or am I just being overly cautious. My current loan is at 6.375% and has a balance of $ 97,5000. My mortgage company is ...