An FHA loan is a great alternative to a “conventional” loan. Only 3.5% down payment with the additional advantage of a 6% seller’s concession, which allows the seller to contribute to your closing costs. In addition, FHA loans are very low interest, fixed rate loans, which means you never have to worry about a payment increases or refinancing. Take advantage of the buyer’s market and get approved today.
Depending on your area, you may be eligible for a USDA loan; these loans allow 100% financing and unlimited
sellers concessions. Other benefits include no explanation for derogatory credit with a score over 620 and an increased income limit of $70,000 plus per two person household. Ask one of our representatives if your area qualifies or click on the USDA button to find out more.
Conventional loans for primary residences as well as investment properties are also available at great rates.
