what do i have to do to get an FHA mortgage? i heard you have to have low income and i think i do but how would i find out? thanks
Modesto,CA | Jan 17th 2011
by jake56e...
Answer
by Rich Ia...
by Dwight
If you are wanting to do an FHA loan, because of the low down payment, I can help you with doing a HUD loan or I can do a conventional loan at 97%. With this loan you would avoid having to pay the upfront mortgage insurance premium of 1% of your loan amount. So it can save you a substantial amount of money.Give me a call if you would like more information 843-290-6635 or email Dwight@ALendingPartner.com Jan 18th 2011
by msmith
FHA loans are available in accordance with the average household income. The bid attraction is the 3.5% down if you are purchasing with little money down. The key is finding a good mortgage professional that is knowledgeable regarding FHA. It is very important for you to understand what you will receive. Jan 18th 2011
by Joe Shamie
by CaPortf...
doesn't matter if you make $30,000 a year or $300,000. ... It's what portion of your income is eaten up with monthly bills. .... Don't shop rate and fees. That may come later. ... The first thing you should do is find someone you feel you can trust. ... Then submit an application for pre-qualification. ... Happy funding, Rudi Jan 20th 2011 |
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