Reasons to Consider an FHA Mortgage

by Admin 3. August 2010 05:16

Did you know that FHA programs are available for higher costs areas as well? Here are the top 7 reasons to consider an FHA Mortgage:

1. Loan Amounts 

2. Old Stigmas Are No Longer True

3. Minimum Down Payment 

4. Source of funds 

5. For now at least, a 6% Seller’s Concession 

6. Leniency of Credit and Income Standards

7. FHA Loans Are Assumable 

 

To learn more about each reason see this link , visit the FHA website, or contact one of our agents for more info.