November 4th, 2011 9:34 AM by Michael Iltis
Start low -- 3.5% on an FHA loan with higher mortgage insurance charges.
Mid range -- 5-10% on a conforming loan means lower PMI payments.
All in -- 20% which will eliminate the cost of PMI.
For veterans VA offers 0% down. For rural properties USDA offers 0 down. Neither one has monthly mortgage insurance but do charge upfront fees.For more information please call us 941-954-4252. We would be happy to answer your questions!http://www.iltislending.com/MortgageSavingTips