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Loan types and what they mean

June 19, 2019 By Noah Bailey

Believe it or not, when buying a home, you don’t need to have every dollar up front ready for purchase!

Okay, so maybe you already knew that, however, there isn’t just a “one size fits all” solution for loans as there are many types

Some of the most common loans are called “conventional loans” these loans go through the bank with your house held as collateral, which means if you fail to pay it the bank will repossess your home.

Another common loan for those who served are called “VA Loans” these loans require 0 down when buying

There are other loans as well, to get more info Call Chen

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The Liang Group’s goal is to provide you superior service of the highest quality in the real estate industry. Whether you’re buying a home–or looking to sell– we know the surrounding Topeka area best and will get you the right price.

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