FHA LOANS

There are a number of reasons why an FHA loan might be right for you.

• Low down payments
• Low closing costs
• Easy credit qualifying
• Allows seller contributions to pay portion of closing costs and prepaid expenses

An FHA loan is NOT just for first time home buyers and there are a number of different loan programs available.

FHA can:

• Help you buy your home, whether it's your first home or you're changing homes
• Help you buy and renovate a fixer upper
• Help you with a reverse mortgage if you are over 62

Talk to your loan officer to help determine if any of these programs are right for you!

VA Loans

VA loans are open to:

• active and former members of the armed forces who meet specific criteria for length and time of service, as well as discharge conditions
• Reservists and National Guard members could be eligible if they served at least six years and received an honorable discharge

Some of the benefits are:

• No down payment requirement
• No monthly private mortgage insurance
• Seller contributions for portion of your closing costs and prepaid expenses
• Additional benefits for veterans with VA related disability of 10% or more

Call your loan officer to see if a VA loan is right for you!

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Mortgage Choices, Inc. - 84 Green Street - Hudson, NY 12534
Office Phone: (518) 828-3737 Fax: (518) 828-6400 Toll Free Phone: (800) 371-3405

Registered Mortgage Broker NYS Banking Department
Loans arranged with Third Party Providers

NMLSR# 3230
www.mortgagechoices.com

We Have Been Serving New York State for Over 20 Years...
You Can Rely on Our Knowledge and Experience

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