How Much Down Payment Do I Need?
An FHA loan may be just what you need to realize your dream of home ownership. The 3.5 % down payment can sometimes be a gift from a family member. Talk to your local loan officer for details.
An FHA loan may be just what you need to realize your dream of home ownership. The 3.5 % down payment can sometimes be a gift from a family member. Talk to your local loan officer for details.
If you had an FHA-insured mortgage, you may be eligible for a refund from HUD/FHA. Here is HUD’s fact sheet to get an idea if you may qualify. Also you can search the database to find out if there is a refund or share payment waiting for you to claim. If you need assistance, there is a toll free number to call: 1-800-697-6967
Thinking of purchasing one of the many bank-owned homes or HUD repo’s but want to use FHA financing? Think it can’t be done? Using the FHA 203k loan product, you can purchase the home of your choice AND finance the repairs that it needs. Learn how to take advantage of distressed properties and use a minimum down payment loan product! It’s truly a win-win for savvy home buyers!