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FHA Approved-Bank Owned Homes-Silverlake-Mount Washington-Eagle Rock-

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Real Estate Agent with Munson Realty Southern California Real Estate

FHA Approved-Bank Owned Homes-Silverlake-Mount Washington-Eagle Rock-Munson Realty

FHA Approved-Bank Owned Homes-Silverlake-Mount Washington-Eagle Rock-Munson Realty

FHA loans are perfect for first time home buyers who don’t have a 20% down payment saved or who need assistance with more flexible qualification requirements. FHA-approved lenders offer FHA loans that are insured by the Federal Housing Administration (FHA). Because FHA loans are designed to help first-time home buyers, there are differences compared to traditional loans. One difference is that income and allowable debt are subject to more flexible loan qualification requirements than a traditional loan, making it easier to qualify for this type of loan. Another difference is that there’s a maximum loan amount, the limit of which varies depending on where the home is located.

For more information of FHA or Los Angeles first time buyer programs in general visit: http://www.losangelesrealestateagents.info/los-angeles-ca/

Comments (4)

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

FHA loans have been the lender of choice for the last 3 years.  Without FHA we would be in worse shape.

Jun 03, 2012 01:24 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Stephen,

Thanks for sharing this very useful information. Definitely something more first time home buyers should look into. Keep up the good work and I wish you more success as a Pasadena short sale agent!

Jun 05, 2012 09:56 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hi Stephen,Wondeful information here.I'm sure alot of first time homebuyers would be interested.Congratulation in advance and Continue being top notch Pasadena Short Sale Agent.

 

Jun 08, 2012 02:04 AM
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Stephen,Good luck on these listing.Great presentation here! I wish you the best on your career and Keep up being a great Pasadena Short Sale Agent.

Jun 09, 2012 04:39 AM