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FHA Down Payment

 0 - 3.5% as a down payment, how does that sound? if the answer is YES, then look no further, because FHA LOANS are the only game left in town. Gift funds are still allowed in most cases, making these loans as close as you can get to 100%. With FHA Loans your down payment can come from several sources, such as, but not limited to;

Family Relative, Savings, Checking, 401k, and in some cases an "authorized" Down payment assistance company. Many programs also exist for first time home buyers and buyers located in certain areas of the country. Check with us and give us the address of the property that you want to purchase and we will let you know if your property happens to be located in one such area. First things first, you will need to put in an application to get qualified fore an FHA New Purchase. Apply Now.

 

FHA loans are designed for the borrower who does not have a big down payment but who still wants to enjoy all the benefits of home ownership. Without FHA Home Mortgage Loans, the potential home buyer would need to 'pony-up" an average of 20% as a traditional down payment in order to secure the other 80% of the home's purchase price to buy the property. That's kinds how things were done for many of our parents, and come to think of it, way back when, one out of every eight homes were not in foreclosure "way back then"  either. Now don't get me wrong, I love FHA and all the FHA Loans programs currently offer, and as our name clearly indicates, we are the FHA CONNECTION, and as such,  our entire business model is geared to assisting home buyers and Real Estate professionals enjoy the many benefits of securing an FHA LOAN. perhaps the biggest and most rewarding benefit of an FHA home loan is the LOW DOWN PAYMENT..... it not for that, most of the people, (home buyers and Realtors ) that we are currently assisting would not be able to purchase a property and would be stuck renting a place until and IF they were able to save up 20% fro the down payment. That, in and of itself who knock most, if not all, first time home buyers out of the entire home buying process.

Thankfully, there is still FHA and FHA allows such a small down payment to people looking to buy a home, so do not wait until FHA goes the way of the conventional lender and starts requiring more money as a down payment, what are you waiting for. Let us go to work for you.

 

Call 1-678-770-5046  or submit on line, either way, we are the FHA CONNECTION

 

 

 

 

 

 

 

 
 
 
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