3 Reasons To Ask Your Realtor For A Lender ReferralYou are one in a million if you have enough cash to buy a home! For most people getting pre-approved for a home loan is one of the first steps in
First Time Home Buyer Programs Demystified
I think at some point, we all wonder what first time home buyer programs are about...Do they really help me? Can I realistically Qualify?. . . .If I do qualify, what can they actually do for me?
Separating reality from all the rumors we hear can sometimes be difficult. I have consulted with lending experts that have the low-down on what you need to know to get started.
1.USDA is a ZERO down and great for 1st time homebuyers in rural areas around Vancouver, there is a $83,950.00 income limit for Clark County
2.FHA is 3.5% down and can use the down payment assistance programs mentioned in my previous blog which is also a great first time homebuyer loan.
3. The WA Bond Program requires you to take a homeownership class which you can do in person for free and it is about a 4-5 hour class or take on line for $50.00 per person. It does have to be repaid if you sell, rent the house, refinance the house or live in it for 30 years. The household needs to make under 97K a year.
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If you want to get your pre-approval started -or- if you want to schedule an appointment with me to go over market trend or the home buying process, call Tara @ 360-787-6229 or start looking at homes today tara.frontdoornw.com
Tara Friedt has been involved in the Real Estate industry for most of her life. From being licensed in Minnesota in her early twenties, to owning a construction business with her contractor husband, A....