FHA FINANCING IS A GOOD CHOICE FOR MARYLAND HOME BUYERS
LOW DOWN PAYMENT AND SELLER CAN ASSIST WITH CLOSING COST
Down payment only 3.5% of the purchase price
100% financing available though Gifts and Grants
No Bank reserves or savings required
Seller can credit up to 6% to pay towards buyers closing cost.
EASIER TO QUALIFY FOR FHA THAN FOR MOST CONVENTIONAL PROGRAMS
No Minimum Credit score of FICO score requirement
FHA will allow you to purchase a home 2 years after a bankruptcy
FHA will allow a purchase of a home 3 years after a foreclosure.
EASY JOB REQUIREMENTS AND HIGH DEBT RATIOS ARE ALLOWED
Less than 2 years on the job is okay
Sell employed is okay
EVERY PROSPECTIVE HOME BUYER SHOULD HAVE A PRE-APPROVAL LETTER FROM THEIR MORTGAGE LENDER.
Please ask us for a referral to a lender if you do not have a personal relationship with your loan officer.
We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.
Your Real Estate Professional in Maryland,
Roy Kelley
Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group
6 Montgomery Village Ave., Suite 200
Gaithersburg, MD 20879
Client Assistance: 301-670-8996
Direct: 301-921-4569
Fax: 301-921-4586 Main Office: 301-258-7757 x 569
Email: roykelley@mris.com Home Search Website: www.roykelley.com
Follow me on Twitter: http://twitter.com/roykelley
Recipient of the RE/MAX International Lifetime Achievement Award - 2008
;)
;)
Roy, FHA loans have always been a good way to go for home buyers with limited funds. Are the FHA price caps high enough to cover buyers in your area?