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Real Estate

Eileen M. Day REALTOR

CHOOSING

A HONE MORTGAGE

One of the most Important Ingredients In the process of buying a home Is choosing the right home mortgage. Everyone's situation and needs are different, and careful selection and planning with the right type of loan can mean a lot In dollars saved.

The traditional 30-year. fixedrate loan gives the borrower peace of mind and stability of

ofTer lower starting rates and can mean that the buyer can afford a higher-priced home than with a fixed-rate mortgage.

Government loans such as those offered by the Federal Housing Administration (PHA) and the Veterans Administration (VA) can also assist those with a small down payment who qualify for these types of financing with fixed rates that are below the current market.

We often can refer clients to . lenders who can explain the options and help buyers get the best mortgage for their needs. We are proud of our record in helping to obtain excellent financing for our clients.

If there Is anything we can do to help you in the field of real estate please stop In at EILEEM M. DAY, Realtor, the Clopton House. Washington, Va.. 22747. Phone 675-3033. We're here to help.

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