The big news last week is that the judge ruled in favor of allowing the FHA gift program to continue which allows the seller to pay the required 3% buyer down payment.
Why is this such good news? Because with the tightening of the credit industry, it is getting harder and harder to approve buyers with any blimishes on their credit unless they are putting down a lot of money. And, unfortunately, most buyers in are market are not in that category. FHA is the way to go for most buyers right now and we know how to close FHA loans!
So, call me and I will show you how this works so your buyers will be very happy and you will be their hero for recommending me to them!
Sam Thompson, PHH Mortgage
Senior Advisor - Helping you GROW your business!
www.activerain.com./luckydog1 - SC
www.activerain.com/luckydog2 - NC
http://samthompson.phhmortgage.com/
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