Top 3 Home Financing Options You Should Know About
Discover the top three home financing options available to prospective homeowners. Learn how each lender offers unique benefits such as low down payments, quick online approvals, and competitive interest rates. Making an informed choice can help you save money and secure your dream home more easily.
Homeownership is a cornerstone of the American dream, offering comfort and stability. However, affording a home can be challenging, especially with median house prices around $250,000. That's where choosing the right mortgage becomes crucial. A suitable mortgage plan can save you thousands over time. Here are three leading home financing providers:
Bank of America
Ideal for those preferring online applications, offering quick approvals and rewards programs that provide discounts on origination fees for existing clients.
Their home loan navigator simplifies the approval process, guiding you step-by-step.
CitiMortgage
Offers options like the HomeRun program, allowing buyers to make as little as a 3% down payment without needing mortgage insurance, even with less than 20% down.
Guaranteed Rate
Renowned for low APR fixed-rate mortgages, they provide a wide array of loan options including FHA and VA loans. Their online tools help tailor suggestions based on your financial profile.
