Friday, February 14, 2014

%1/2 down payment via FHA loan!


I just heard about a new FHA loan that only requires one half of a percent down.  This loan features:

Total financing up to 99.5% of the sales price or appraised value, whichever is lower
30 year fixed rate FHA loan
Down payment and closing costs assistance via low, fixed-rate second mortgage up to 3% of the sales price
No first-time home buyer requirement
Minimum credit score of 620
Home buyer education is required

If this interests you at all, please let me know.  I have no idea how long this program may last.

No comments:

Post a Comment