With FHA interest rates getting competitive with conventional, and the cap on FHA loan amounts increasing to $271,000, FHA loans have become a very enticing option. Only requiring 3% down, and now with state bond money being available for the other 3% (household income must be under $97,300) there is 100% financing again.
http://www.ahfa.com/Content/Single_Family/MRB/FirstStep_brochure.pdf
http://www.ahfa.com/Content/Single_Family/StepUp/StepUp_brochure_redacted.pdf
 |
|
|
Striving to be your real estate experts in the Auburn, Opelika, and Lee county, AL areas! Get professional advice and the personal attention you deserve when buying or selling a home.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
