Loan Programs for First Time Home Buyers

Tagged: agent, brokers in pakistan, real estate dealers, real estate developers

This topic has 5 replies, 4 voices, and was last updated 1 year, 6 months ago by adamhenry.

Viewing 2 reply threads

Author

Posts
- November 8, 2014 at 5:28 pm #3858
  
  Ryan Hart
  Participant
  
  Is FHA still a great loan for first time home buyers?
- November 9, 2014 at 2:57 pm #3978
  
  Steve Smither
  Participant
  
  When FHA was created in 1934 it was to assist the common man in his desire to buy a home.
  
  This premise is still there today and first time home-buyers are a huge part of that group.
  
  FHA allows for first time home-buyers to be able to qualify easier due to more relaxed credit requirements, flexible debt to income ratios, lower down payment requirements, and even more understanding of difficult events in a persons life including bankruptcy and foreclosure.
  
  FHA also has programs that can help accommodate the first time home-buyer buy a home that simply needs work or simply the buyer doesn’t have much of a down payment. (See FHA 203K rehab loan and HUD $100 down program). So the short answer to your question is absolutely. FHA is a great program for first time home-buyers…
- August 8, 2019 at 11:21 am #10204
  
  adamhenry
  Participant
  
  I think FHA is a great loan programmer for the first time home buyer.
  - August 8, 2019 at 11:22 am #10208
    
    Richard M.
    Keymaster
    
    @Adam Henry – agreed!
    - August 13, 2019 at 12:30 am #10246
      
      adamhenry
      Participant
      
      Thank you.
- December 3, 2018 at 9:37 am #9398
  
  Richard M.
  Keymaster
  
  Hi Jessica, can you be more specific? Talk soon!
Author

Posts

Viewing 2 reply threads

You must be logged in to reply to this topic.

Loan Types & Property Definitions

There are a lot of different types of mortgages, and there are a lot of different types of real estate property. Here is a list of the most common types of each. We’ve added some links to the most popular articles on the subject.

Real Estate and Mortgage Forum

We think getting many viewpoints to a particular question is important because it helps you to make better decisions. It’s so important that we have woven the Forum all throughout Winning Agent. We invite you to ask questions, make comments, and be part of the discussion.

Glossary of Real Estate Terms

Real estate and mortgage finance often times comes with its own unique language. If you work with it every day, it becomes 2nd nature, but most people don’t work with it every day. So we’ve created a glossary of mortgage and real estate terms.