- FHA is a goverment insured loan it has always been in the game, but on the back burner, the $417,000 loan limit was recently increased to $729,000.
- Buyer only needs 3% of the sales price.
- Gifts funds allowed
- Liberal credit scores
- Same appraisal as conventional
- None- occupant co-borrowers are allowed " kiddie condos"
- Up to 6% sellers contribution for closing costs.
FHA is now the solution for low or NO DOWN PAYMENT loans.
- That is why!
- Is it your turn to buy a home?
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