| Anyone who lives on the upper end of the East | | | | FHA loans are probably one of the most popular |
| Coast knows how horrible winter time can be. It | | | | loans that first time buyers can get from a |
| gets darker earlier and the sun seems to wait | | | | mortgage broker. These loans are available from |
| until about noon to show its face every day. The | | | | 10 to 30 years and come in both variable and |
| first place that comes to mind to escape the | | | | fixed rates. The one thing that will have to be |
| dreary winter days is a location in the south | | | | checked before any shopping is done is the limit |
| because it is the closest and cheapest resort for | | | | as it will vary from area to area. |
| many. Instead of making it a once in a while | | | | Loan Option #2: Conventional Loans |
| escape when hotel rates are down, use a | | | | For those that don't qualify for an FHA loan, a |
| mortgage to have your dream home available | | | | conventional loan is still a great option. Limits are |
| whenever you want it. Here are two loan options | | | | generally higher and they are available in both |
| for you to consider. | | | | fixed and variable rates. While the economy is in |
| Depending upon what the situation is, there are a | | | | such turmoil and interest rates are down, this |
| variety of mortgage loans to choose from. | | | | would actually be a great time to lock in a low |
| Whether you are a first time buyer, a veteran or | | | | number and possibly pay the home off early. |
| someone that already owns several investment | | | | Nothing gets the mind off of winter depression |
| properties, there should be an option that can | | | | like a nice sunny day. Why continue to suffer |
| keep payments low and provide the escape that | | | | through the cold winters and sit by the computer |
| is needed during those winter months. | | | | waiting for rate sales at hotels when a mortgage |
| Here are two loan options to choose from: | | | | can have you in the sunshine whenever you want. |
| Loan Option #1: FHA Loans | | | | |