10 REASONS WHY YOU SHOULD BUY A HOME TODAY! PART 2
FHA Loans Are Available
There are many choices for buyers looking for mortgages. One
option, FHA home loans, are a viable alternative for many first
time buyers. The Federal Housing Administration (FHA) -
which is part of the U.S. Department of Housing and Urban
Development (HUD) - insures the loan, so your lender can
offer you a better deal, including a low down payment and low
The FHA single-family loan program is alive and well. As specialty
mortgages have faded away, FHA is stepping in. In fact, the FHA
market share is up to more than 30%, from just 6% in 2007.
FHA loans are a great way for buyers to take advantage of buying
a home today! If you still don't have the huge downpayment then FHA is for you to
take advantage of the low interest rates.
I just got off the phone with my sister and she asked me,
"Isn't it really hard to get a loan right now?? I heard that on the news"
That is one thing I wish the media would back off on, if you have good credit and a
down payment then there are so many loans to be had.
If you have any questions, comments, or concerns about home loans please contact Rick Price from the link below!