Getting An FHA Loan Just Got Easier At Least For A Few Days

Getting An FHA Loan Just Got Easier At Least For A Few Days

Are you among those buyers who think you need to put 20% down to purchase a home? Maybe you don't know about FHA loans. FHA loans are guaranteed by the government and you can purchase a home with as little as 3.5% down!


Even better, FHA just lowered the monthly premiums they charge for mortgage insurance so now it's even easier to qualify for a loan.


With FHA loan limits in our surrounding counties ranging from $287,500 to $359,950 it's easier than ever to buy a home.


Get started today finding your new home.


NOTE: IN ONE OF ITS FIRST MOVES THE NEW ADMINSTRATION RESCINDED THE CUT TO MORTGAGE INSURANCE PREMIUMS FOR FHA LOANS. IN A QUOTE FROM SENATE MINORITY LEADER, CHUCK SCHUMER, HE SAID, "What a terrible thing to do to American homeowners, President Trump, with the flick of a pen, ended that new policy, making it harder for Americans of modest means to obtain their piece of the rock, the American dream -- home ownership."


STAY TUNED FOLKS!


Bonnie Onofrio Headshot
Author:
Phone: 919-208-8007
Dated: January 17th 2017
Views: 329
About Bonnie: I have been a real estate broker in the Triangle area since 1985 handling sales of both new and resa...

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