An FHA Mortgage May Be For You Up To $294,515

By
Real Estate Agent with The Pamela Madore Group 573760

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
 
 
Posted by

 
 
Pamela Madore
 
Pamela Madore
The Pamela Madore Group 
Keller Williams RealtyAmarillo
3955 S. Soncy
Amarillo, TX 79119

806-290-1920 Cell
pammadore@kw.com 
http://pamelamadore.com
 
 
 
 
 
 
 
 

 

 

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