Eileen Lobel

Hi Jared, just as my colleagues have previously said as long as you haven't had anything in your name for the last 3 years and qualify under their guidelines. You are also allowed under the first time home buyer to use seller concessions up to $6000, they also have a first time home buyer smart start program & USDA 100% financing. These different types of financing have income limits and homes must be in the designated area. I don't know where you are looking to purchase a home but if I can be of assistance to you feel free to email or call me at eileen@maturorealty.com & cell #856-776-3264. I'd be more then happy to help you.

One of the first things you should do besides work with a knowledgeable agent that is aware of the different types of financing and after getting a little of information from you they could recommend mortgage reps that deals in the type of funding that you may qualify for then connect you with the mortgage reps and take it from there. Not all banks offer the same types of funding so if say Bob is qualifying you for XX funding Sally may be qualifying you for XXX funding you may or may not qualify for either/or and neither may be in your best interest. Ask questions and make sure that you understand the financing that your being qualified for and the deadline is Nov 30th and there has been no word as of yet of being extended.

As I said previously feel free to call me or email me with any questions you may have. I hope that this has helped you and I wish you the best on your quest

Eileen Lobel
eileen@maturorealty.com
856-776-3264 - Thu Oct 15 2009, 14:47