As a consequence, I would say we are going to be seeing more FHA loans being done.
FHA does give you more flexibility on credit scores (3.5% down to a 580 credit score), debt to income ratio, and credit underwriting.
So, if you need to be prequalified for a loan contact our offices and we can see which loan fits you best.
That’s it for today!
Thanks for reading!
Brett
If you are thinking about buying a house, but you aren’t really sure if it’s…
Here is a breakdown of the maximum seller help amounts by loan program… Program: Conventional…
Your property tax bill usually comes out in late November, or early December. There are…
If you want to acquire rental properties, but you are having issues proving your income…
If you receive money from the State or a County sponsored organization for providing foster…
FHA gift questions come up often. I wanted to give you the rules on FHA…