A factor to consider is that FHA is tightening their guidelines. FHA is a loan program that has become increasingly popular over the last year. Buyers only need a 3.5% down payment and minimum 620 credit score. The Up Front mortgage insurance that is required is currently 1.75% of the loan amount, but will be increasing to 2.25% of the loan amount on April 5th. That’s a significant difference when looking at a mortgage! Along with the home buyers credits now is the time to make your move to home ownership.
From Scott Larson of Towne Square Realty in Monroe, Wisconsin
“Your Realtor of the Region”
E- Mail firstname.lastname@example.org
I think you will be surprised how affordable the Dairyland is,
so come to my land of cows and plows and visit for a day, but stay for a lifetime