What you need to know when buying a house with FHA loan in Phoenix AZ Home buyers today don’t often buy homes with 20% down payment. Low and no down payment mortgages remain popular with first-time buyers and repeat buyers and one of the most popular low-down payment mortgage program is the FHA loan. Read […]
Which mortgage is right for you when buying a home in Phoenix AZ
FHA Loan vs Conventional Loan Which Mortgage is right for you when buying a home in Phoenix AZ? There’s no one-size-fits all when it comes to real estate mortgages. It depends on your situation and comfort level when paying for mortgage. For some borrowers a Federal Housing Administration-insured aka FHA loan will win hands down; […]
5 Things You Didn’t Know About FHA Mortgage Rates
5 Things You Didn’t Know About FHA Mortgage Rates The Federal Housing Administration (FHA) is a government agency that sets the standards for building construction — but for homeowners or home buyers it can be a lot more. FHA-approved loans can help borrowers overcome obstacles standing between them and homeownership, and give homeowners options to […]
Use Money from Uncle Sam as Down Payment for House
Let’s us help you turn that tax refund into down payment for house When Buying a Home in Phoenix AZ, you will need down payment. There are mortgage programs available for different kind and amount of down payment required. If you are getting FHA Mortgage, you will need 3.5% of loan amount as down payment. […]
FHA Back to Work Extenuating Program
FHA Back to Work Extenuating Program – Buy Again, 12 Months From Short Sale or Foreclosure The FHA Back to Work Extenuating Program provides financing for borrowers that recovered from financial hardship that resulted in a short-sale or foreclosure. If you has experienced any of the following financial difficulties, you may be eligible for the […]