Jason M. Ruedy: Responds to Alternatives to Putting 20% Down On a Home

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Jason Ruedy, also known as The Home Loan Arranger offers his response to a recent U.S. News & World Report Article: Alternatives to Putting 20% Down on a Home and provides additional advice on how to purchase a home using loan programs designed for buyers in need of alternatives to a large down payment.

Jason. M Ruedy

Don't Put Your Loan in Danger, Call The Loan Arranger

Denver Mortgage Lender Jason Ruedy, also known as The Home Loan Arranger, agrees with a recent U.S. News & World Report Article, Alternatives to Putting 20% Down on a Home, and adds that there are many additional down payment and loan options not mentioned in the published story.

The article states that the average selling price for homes in the United States as of December 2013 is $311,000, requiring a 20% down payment close to $60,000 - which is a significantly high dollar amount for many people to accumulate in order to purchase a home.

"When it comes to purchasing a home with less than a 20% down payment, there are many options to explore. An FHA loan allows for a 3.5% down payment, conventional mortgages allow for a 5% down payment (with the purchase of required mortgage insurance), VA loans can require as little as a 0% down payment, conventional loans that can be combined with a home equity line or credit/loan, up to 95% CLTV, as well as many other options." - Jason Ruedy, The Home Loan Arranger

While many mortgage industry professionals stress the value of a 20% down payment on a home, the alternatives mentioned in the U.S. News & World Report Article include purchasing a less expensive piece of property, working with a local bank, and down payment assistance programs run by individual states.

"In almost every situation imaginable, I am able to help anyone interested in purchasing a home. I help my clients figure out exactly what they can afford and also how they can secure the necessary loan(s) too make home purchases. As a mortgage banker with more than 21 years of experience, I've seen just about every loan option available. Essentially, if you want to purchase a home and you don't have a 20% down payment, call me and let me help you figure out a way to make it work.” - Jason M. Ruedy, The Home Loan Arranger

About The Home Loan Arranger:
Mr. Jason Ruedy, also known as The Home Loan Arranger, has 21+ years experience in the mortgage business. His company was built around the crucial principles of hard work, discipline, and determination. The Home Loan Arranger evaluates client applications quickly and efficiently and structures loans with the best possible terms. Mr. Ruedy is successful in achieving loan closings for clients while meeting their highest expectations. Jason M. Ruedy is ranked #2 in the state of Colorado by Freedom Mortgage, which is one of the top wholesale lenders for mortgage originators.

For media inquiries, please contact Mr. Jason M. Ruedy, "The Home Loan Arranger":
The Home Loan Arranger
512 Cook St #100
Denver, CO USA
Phone: (303) 862-4742
Toll Free: (877) 938-7501

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