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Getting A Home Loan And Knowing The Differences

Buying a house is one of the most important purchases you will ever make in your life, and People’s Bank and Trust wants to make sure you do that process correctly.  Lindsay Lopian and Jeff Grimmett spoke on the WTIM Morning Show about what mortgages are the best.  They are broken down into categories and are different depending on what you are looking for. One of the first loans is rural development loans. 

 

 

The next option is your regular loan. 

 

 

Another option Lopian says available is an FHA Loan.

 

 

Lopian says a VA loan is also available and those loans are available for those involved or who used to be involved with the military. Lopian also says that once your home has equity, you can actually borrow against the equity in your home and get a home equity line of credit.

 

 

For more information, please visit People’s Bank and Trust at www.bankpbt.com or call 888-728-1954. Lopian and Grimmett both appeared as guests on the WTIM Morning Show. 

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