Cash to Close. In the lending business it means having the available money in your account to pay for the required down payment and any closing costs you are responsible for. The funds needed for down payment and closing costs must be “Sourced and Seasoned”.

Option #2…continued from my last blog on today’s available fixed rate loans. We last talked about the Rural Home Loan. Now let’s get into FHA and Conventional.

You may be wondering what is available for you as a home buyer in today’s market.