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 [email protected] 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.
Going through my teenage years at 6' tall was not easy and I always w
Very Helpful - Relocation Buyer June 2016
Violet was very helpful and knowledgeable about each of the neighborhoods I looked into and was able to guide me relative to schools, shopping, commutes, and community. We looked at a lot of homes in a variety of areas in Austin. We made offers on a couple and almost closed on one until the seller backed out last minute. Violet guided me through that and worked with the listing agent to ensure I received my earnest and option money back from the seller.
Ultimately she showed me a house she knew I would like, even though I was not sure I wanted to see it. It turned out to be the house I bought! Ultimately she knew better than I did at that point exactly what I was looking for in a house.
I would highly recommend her services to those that are looking to sell and or buy a home."