The questions I receive the most often from First Time Home Buyers in and around the St. Louis area is regarding the FHA required 3.5% down payment. In many instances the First Time Home Buyers I am working with either barely have that much saved up or they don’t have anything saved up for a down payment, [...]
If you are a first time home buyer in Montgomery County Pennsylvania you should know that your credit score will have a significant impact on your ability to qualify for a loan – especially for FHA mortgages. Although most buyers are aware of this fact, many are unaware that some of the actions they take when trying to improve [...]
This program allows a first time home buyer in Texas to monetize the $8000 tax credit and apply it to their down-payment and closing costs.
Orange County first time home buyers are finding out quickly that FHA is one the best ways to purchase a home. FHA allows for only a 3.5% down payment, and it can come from a gift, your 401K, or money already in the bank. Qualifying is not that difficult.
Why is an FHA loan better than [...]
FHA 203K loans require a little more coordination than a traditional loan would. In order to ensure we have a closing that is as smooth as possible and on TIME I have created this post to guide you Realtors on how you can us assist us AND your clients in getting our FHA 203K [...]
Recent news suggests that law makers are calling for the expansion of the tax credit for first-time home buyers to help increase home sales in Rhode Island and other states extended through 2010.
The current $8,000 tax credit is being offered to first-time home buyers who purchase a home between January 1, 2009 and December 1, [...]
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Short answer: it’s either ignorance on the seller’s part, or the property cannot pass the FHA inspection that is required. Whether it’s Claremont, Glendora, Pasadena, Bakersfield, or Pomona, the property must meet minimum FHA standards.
Long answer: Lately, FHA loans are harder to finish and close. There is a set of FHA rules. In addition to [...]

