Recent FHA Loan Program Update!
Monday, February 01, 2010
by Southern Californias Top Producing Mother & Son Te
For those of you wanting to be kept in the loop of all the "low down payment" loan programs that are out there, we thought we'd give you an update on a program that seems to be popular. As is the case with all other programs there are certain income restrictions, and location restrictions so you need to call us so we can find out if you qualify...
This FHA program is called the "FHA Access Program."
- 99.5% Financing (almost 100%)
- NO "first time home buyer" requirement
- SFR, PUD's, and condos all qualify for this program
- No cash reserves required
- Multiple properties are ok
- 6% seller concessions are ok
- Gift funds for the 1/2 down payment are ok
This is a great program. Give us a call or send us a message through our website to see if you qualfy for this program...