The type of mortgage you use to finance your home influences how much you need for the down payment, whether or not you will need mortgage insurance, and how long it will take you to pay off your loan.
The best way to find out what mortgage is best for your home purchase is to get preapproved with a Primco Mortgage loan officer. Mortgage pre approval will give you a realistic idea of your down payment and budget and give you more negotiating power when you make an offer.