Now We confronted with a representative (A consumer agent, apparently). I happened to be expecting to explore preserving right up an actual down commission, and you can delivery the latest try to find a home a little while the following year.
As an alternative, she is really happy for people. The she understood are that people generated lower than 70k and had zero down payment stored. She believes she will be able to rating you towards a property within 6 weeks, in lieu of couple of years including I had thought.
She brought us to a lender and you can wishes me to get a hold of when we could possibly get pre-approved to have a good “special” home loan that is :
- 100% Funded
- Around $200,000
- No PMI
- To have Earliest-Big date Homebuyers just
- For Consumers having Lower in order to Moderate Income
I was under the effect that FHA finance were my personal just solution, but which looks too good to be true. Continue lendo Should i keep clear out-of Very first-Go out Owning a home Programs?