There may be various other reasons for which first time home buyer should opt for FHA loans, but here are some tops ones:
- FHA loans only require minimum down payment, i.e. 3.5%.
- You may get the allowances for past credit problems with a FHA Loan.
- There is a shorter time from bankruptcy before you are eligible.
- With FHA Loans. the first time home buyer also qualifies for the $8,000 Tax Credit.
- FHA appraisals do not have to be ordered through the HVCC (Home Value Code of Conduct).
If you’re also a first time home buyer, you must not ignore the FHA loan option. To discuss it in detail with us fill out the form here or call us at
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1 comment so far ↓
Nice collection. This will certainly save my time. I was looking for this.
Thank you!
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