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re: Rural vs Conventional

Posted on 6/25/13 at 1:16 pm to
Posted by hawkeye007
Member since Feb 2010
5895 posts
Posted on 6/25/13 at 1:16 pm to
if you have a strong credit score conventional is the way to go, RD loans have monthly pmi and upfront PMI you finance in the loan. So if your score is over 700 conventional will be a better loan for you.
Posted by bwallcubfan
Louisiana
Member since Sep 2007
38138 posts
Posted on 6/25/13 at 2:06 pm to
quote:

So if your score is over 700 conventional will be a better loan for you.


I'm well above that...but how exactly would conventional be better?
This post was edited on 6/25/13 at 2:08 pm
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