FREE THINK FHA THURSDAY WEBINAR SERIES

Posted under Credit / Your Fico Score, How to buy a house, Mortgage Purchase Loans

Everyone is throwing this three letter word around, ‘FHA’.

What does that mean to you? Well, lower downpayment requirements. As of January 09, the borrower must put a downpayment of 3.5% of the purchase price towards the loan making the loan 96.5%. Further more the money must come from their own assets. If you need help towards paying closing costs, the Seller can contribute up to 3.5% of the purchase price towards helping you, the borrower, pay for recurring and non-recurring closing costs.

FHA loans are fully documented loans, the best kind in my oppinion. No nonsense, everything up front kinda loan.

If you looking for more information, you can give me, Holly, a call at 619-370-2417 or attend this free FHA webinar ‘Think FHA Thursday’ series hosted by CAR (California Association of Realtors).

This FHA webinar series presented by Nancy West, U.S. Dept. of Housing and Urban Development marketing and outreach specialst has been so successful I felt it neccessary to share this information with all of you.

Not to worry if you’ve missed the first two sessions as you’ll find recordings for the earlier sessions when your register at http://www.car.org/education/FHA/  for the next webinar on April 16th

REALTOR and Sr Mortgage Consultant

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