The homes I am looking at are on their own land and all have crawl spaces. I am looking to buy in any of the counties surrounding Charlotte, NC but not in Charlotte.Read More
CONVENTIONAL tagged posts
I’m interested in purchasing a home and like the USDA loan option (0% down, low MI). What concerns me is two things:
1. The interest rate is about 0.5% higher than FHA or Conventional loans,
2. The Mortgage Insurance (MI) never goes away unlike the FHA loan.
So, after a while of owning, would I be able to convert my USDA loan to a conventional loan and get rid of the MI?
Please provide some credibility or resources that will be helpful in confirming the answer.
Mona And Angie Talks About Convetional Home Loans
www.mortgagetemecula.com 877-332-9703 Differences Between FHA, VA, CONVENTIONAL , USDA Loans