Why FHA?
- only 3.5% down (i.e on a $250,000 purchase your down payment will be $8750
- The seller can pay all of your closing cost up to 6% of the purchase price
- Low rates, FHA mortgage rates for a purchase are almost identical to conforming rates. How does 5% sound with the seller paying the points that YOU can deduct from your taxes ON TOP of your $8,000 first time homebuyer tax credit.?
Have questions? Want to get pre-approved? Call me today! Work with an experienced LOCAL lender that specializes in FHA purchases in Maryland, Virginia and Washington D.C. Click here for today's mortgage rates
Looking for homes listed in Montgomery County, MD? here are some useful sites :
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