Piscioneri Realty, Inc.
3315 Market Street
Camp Hill, PA  17011
717 737-2121 or 329-5534

As a buyer, the type of mortgage or financing used to purchase your home is primarily up to you.  While a fortunate few have the means to buy their home as a cash purchase, some of those will choose to have a mortgage as a means of financial planning and money management.  However, for most home buyers getting a mortgage will be a necessity in order to buy their home.

Mortgage Companies and lenders have a broad variety of products available.  There are even mortgages available for people who have little and in some cases no money for down payment, making home ownership very affordable.  Renters are often surprised when they learn they can be buying a home with a mortgage payment that is comparable to their current rent payment.

Of course your credit history has a lot to do with the type mortgage and interest rate for which you will qualify.  Those with the highest credit scores and steady income histories can expect the best rates available, while many who have blemished credit find they can still get affordable financing.

     When applying for a mortgage lenders like:
          1) At least 12 months of on time payments to existing creditors.
          2) At least 24 months in the same job or career field
              (note: most count a college or technical degree as time on the
                job, provided you are employed in your field of study).