Home Buyer Infographics: How To Pick The Best Mortgage For Your Home

Cincinnati, OH (PRWEB) April 30, 2013

The Mortgage Reports (themortgagereports.com), a leading consumer website for mortgage-related news, has launched its latest infographic: Finding Your Right Mortgage Product.

With the housing market recovering and the return of mortgage lending, it’s important for today’s home buyers to understand mortgage financing options, and to choose the best mortgage program to suit their individual needs.

This is why The Mortgage Reports created its latest infographic — an easy-to-follow flowchart highlights the optimal mortgage type for any home buyer, in any U.S. market.

The infographic is free to share and to use, with attribution to The Mortgage Reports.

The infographic uses three specific loan traits as a starting point — (1) Downpayment Amount, (2) Loan Size and (3) Credit Score — then follows-up with specific questions to uncover a buyer’s optimal mortgage program.

In addition to identifying conventional loan opportunities via Fannie Mae and Freddie Mac, the flowchart identifies loan possibilities via the Federal Housing Administration (FHA) and via jumbo mortgage lenders.

The infographic also checks for buyer eligibility for “special” loan programs including :

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