Fha or conventional? help please first time

You would be best served, assuming you qualify for Conventional financing, to take the 90% LTV loan with Lender Paid MI (whereas the MI is included in the rate and not a separate payment), or, go with an 80/10/10 splitting your 90% financing into 2 loans and avoiding MI. Unfortunately, many of the 2nd trust now available will only amortize over a 15 year period to offset their risk which means your payment may be a little higher under this scenario, but at least its all going to P&I.I lend in WV so call me if you have questions, and we are a Lender. Scott Kinne NMLS#182351 - First Heritage Mortgage LLC (#86548)

If you have at least 10% down, go conventional (20% down is much better), otherwise, go FHA with 3.5% down.

Try city national bank bridgeport 10% down no pmi

You probably would want to look at a conventional loan with the mortgage insurance paid upfront or a split premium. You can also take a higher rate to offset the mortgage insurance. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803