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Current FHA Loan Requirements for Phoenix Home Buyers

By
Mortgage and Lending with Reasy Financial LLC NMLS 2446155

FHA Requirements for Phoenix Home BuyersPhoenix home buyers looking to take advantage of favorable interest rates, reduced home prices, and a low down payment should consider an FHA loan when buying a new home in which to live.  The Federal Housing Administration (FHA) is a part of the U.S. Department of Housing and Urban Development (HUD).  Since FHA loans are insured by the government, it's easier for a lender to offer you the option of a lower down payment.  FHA home loans allow first time home buyers and current home owners to purchase a home with a 3.5% down payment.  In order to qualify for a FHA loan, you will need to ask yourself the following questions......

 

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About the Author

My name is David Krushinsky and I am a Phoenix mortgage specialist that is truly passionate about my profession and the result is that nearly 100% of my business is by referral from satisfied clients, trusted financial advisors and the most experienced REALTOR®'s in the Phoenix area.
Questions? Call 480.339.1576 or Visit My Website

Comments (1)

Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

why do I not have you as a contributor for my outside blog??!?!  I am going to go make you one now!  You write some great stuff David!

Dec 19, 2009 12:18 PM