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28 October, 05:27

Which loan option would you recommend for cesar? provide three reasons to explain your recommendation?

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  1. 28 October, 05:53
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    Federal Housing Administration (FHA) is the best loan option which I opt for Cesar.

    Explanation:

    Firstly, it mainly favors the low-middle income class people. They can avail of the FHA loan with less interest in rate. It can able to close the loan due within the specified time limit.

    Secondly, The Advantage of using a having credit score of availed FHA loan can make one individual take an additional loan. This will be considered as a great boon by satisfying personal loan needs.

    Thirdly, The lender can bear minimum risk by paying the mortgage insurance premium frequently for a certain period. It can also be treated as a default claim against the insured home.
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