| Bank of Ripley |
Account For...
|
Service Fees
|
Special Features
|
| Conventional |
Anyone who wishes to have flexible financing
terms and meets Fannie Mae qualifications.
|
Various fees can be assessed according to
the type of collateral.
|
Closing costs can be a gift from a relative.
There is no minimum or maximum loan amount.
|
| FHA |
Any customer who has a small amount of cash
for down payment and desires to be a homeowner.
|
Various fees can be assessed according to
the type of collateral.
|
Customer has flexibility with the source
of down payment. Loan is secured through the government by
the Federal Housing Authority.
|
| VA |
Active and inactive veterans seeking homeownership.
|
Various fees can be assessed according to
the type of collateral.
|
Loan is guaranteed by the Department of
Veteran's Affairs. Customer receives lower rate and longer
terms. 100% financing.
|
|
