Many visitors to the Panama City Real Estate site often question whether they can qualify for a home loan.
Each time I'm asked this question, my answer is the same - "You don't know unless you ask"!
The FHA loan program is one means for those with mid level credit scores to take advantage of todays low housing prices.
Here are a few items of interest for those interested in FHA programs:
- Credit score 580 - 619 (Overlays apply call for details)
- 3.5 % Down payment
- Fixed rate loans
- 100% Gifts from family member to cover down payment and closing costs
- Seller can pay up to 6% towards buyers closing costs and prepaid
- Non-traditional Credit
If you want to take advantage of the current housing market, here's your opportunity.
Contact me today for more information on these and other options for financing your new home: