Ideal Lending Introduces Protection+ Down Payment Protection

Florida Home Loans News

Ideal Lending Introduces Protection+ Down Payment Protection

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Benefits of FHA Loans: Low Down Payments and Less Strict Credit score requirements. typically an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit. For FHA loans, down payment of 3.5 percent is required for maximum financing.

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Get the freedom of homeownership with the flexibility and protection you need when buying your home with Protection+ by Ideal Lending Solutions. Zip Code: GO! Great! What type of property are you purchasing?. What is your estimated down payment? What kind of rate do you prefer?

The HomeReady Mortgage program is ideal for first-time homebuyers with a credit score of at least 620, but with minimal income and low cash reserves. The minimum down payment is as low as 3 percent, and mortgage insurance can be canceled once you reach 20 percent in equity.

Ideal Credit Union: Minnesota not-for-profit financial providing checking, savings, mortgage, credit cards, personal loans, business loans and more.

It’s a controversial policy, but payment protection insurance (PPI) is seen by many as a welcome comfort. You pay a monthly premium, and then if you’re unable to work due to an accident, redundancy or sickness, your loan repayments can be covered for up to two years. You can get PPI cover for mortgages, loans and credit cards.

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