2) Great interest rates (depending on credit score could be lower that conventional rates)
3) More lenient debt-to-income ratio guidelines
4) More lenient credit and underwriting guidelines
The challenge in this market is to have a buyer with an FHA be the offer accepted when there is a multiple-offer-situation since an offer that has 20% down seems like a stronger offer to sellers and agents. Having said this, closings with FHA loans still abound in this market so there should not be a reason to get discouraged. It is a great product.
Credit: Silvia Ward Carden I Loan Officer I NMLS# 217202 I (512) 592-5455 I firstname.lastname@example.org I www.silviaward.com
Remodeled condo featuring granite counter tops, recently replaced two-panel-windows, water heater, light fixtures and flooring.Gated community with in-ground pool. HOA covers water, trash, insurance, exterior maintenance and Google fiber. Minutes away from Soco and St. Edward's University. Contact owner/agent Marcela Alfonsin for further information or to schedule a showing today.
Austin is known as the Music Capital of the World, but it should also
"Buying or selling a house it the Austin area? I recommend Violet Leff , she is a first rate real estate agent. Violet worked with me to sell my home in South Austin. She had it sold the day it went active, but due to unforeseen circumstances we were not able to complete the sale and had to temporarily take the property off the market. During that time, Violet checked the property regularly, made sure the yard was taken care of and was in constant communication with me. Once we were able to put the property back on the market, Violet held a weekend of open houses and the property went under contract immediately as a result. I received a good offer very close to list price and a quick close of escrow. Call Violet, you will not find a more service oriented real estate agent."