Pamela Madore
Pamela Madore Mortgage
#289635
806-290-1920
Borrow Up to $294,515 FHA in Potter/Randall Counties in Texas
Many people think that an FHA loan is for low income people. NOT TRUE. FHA does not discriminate in income limits. You can be a a quazillionaire and still get an FHA loan.
It is not only for first-time homebuyers either. You can own other properties, too. It does require that it be your primary residence, however.
Here are some pretty great things about FHA loans:
- Maximum loan amounts allow you to buy in some of the more expensive neighborhoods
- Low down payment.....3.5% of the purchase price
- Seller can help with up to 6% of closing costs
- Easier to qualify for based on income/credit
- Comparable rates to conventional loans
- No pre-payment penalty or balloon
If you are looking for a loan for your new home and have limited cash, this is for you.
Easy pre-qualificaiton to see if you are ready. Credit scores down to 580 and debt-to-income as high as 56%.
Call, text or emails for more information and qualification. If you have a Realtor you are working with that is great! If you don't have one, I am a Realtor and can help you with that too.
Pamela Madore
Pamela Madore Mortgage
Keller Williams Realty
3955 S. Soncy
Amarillo, TX 79119
#289635. #573760
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