If saving enough for a 20% down payment will delay your home buying dream for years, you should consider your alternate options, which are:
- An FHA Loan
The Federal Housing Administration, or FHA, insures loans for qualified first-time homebuyers. With FHA backing, lenders can offer you a loan at a low-interest rate with as little as 2.8% down.
- VA Loans
Qualified military veterans can obtain a mortgage with zero down payment, thanks to a program administered by the Department of Veterans Affairs (VA). Like an FHA loan, a “VA loan” is a federally insured loan that’s issued by a traditional financial institution, like a bank. These loans don’t require any down payment, and as a bonus, the buyers don’t need to pay PMI either – making them an even better deal than FHA loans.
If you’re interested in learning more about these programs or other options for down payment assistance, please give me a call today. Together we can figure out a way to make your dream of homeownership a reality.
It’s time to plan for your future. Have you considered an adult living community?
Why not try city living for the first time, or if you’re a city dweller, maybe you want a quieter, slower-paced mountain lifestyle. The possibilities for embracing the next chapter of your life are endless!
Give me a call and let’s figure out together what your options are. I can be with you every step of the way!
One of the trickiest processes a real estate professional can make easier is negotiations. Reaching an agreement on price and closing the deal requires an understanding of offers, contingencies, deeds, disclosures, title searches, and more. Having a skilled real estate professional, like myself at your side can improve your chances of selling your home at an optimal price.
I can also assist you with the legal components of selling a house and get you fair cash for homes WA, ensuring you don’t miss anything important on disclosure forms. Every little detail about the home’s physical condition, history, zoning, etc. needs to be properly documented and disclosed to the buyer. If anything is overlooked and not disclosed, it could lead to an expensive claim. But fret not!
You don’t have to navigate these complicated steps alone. Contact a leading Lynnwood WA Realtor to make selling your home the smoothest process possible. You can call me at 206-604-1936 or drop an email at Isatou.firstname.lastname@example.org. Let me help you make your housing dreams come true!