You can look up listings of homes for sale in Bensalem on http://www.gitabantwal.com
According to FHA guidelines a borrower must have a credit score of above 500. However I do not know of any lender in this day that allows down to that low. The lowest I have is for a 560 credit score with 10% down, a 580 credit score with 5% down and a 600 credit score with 3.5% down.
Most other lenders have guidelines of 620 or 640 for a minimum score
FHA allows for up to a 6% seller assist. Thery also require that you make a 3.5% down payment. It can be in the form of a gift, grant or other loan, but it cannot come from the seller.
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010 & 2012
NMLS ID 143960
Let me know if you want the help and we will put them in touch with you. Just email us at email@example.com and we will get you taken care of.
With regards to sellers assist, there SE varying sellers assistance depending on the lender program you qualify for. 6% is generally the amount for FHA.
If you want more info see the web link below. Or if you prefer to speak in person you can call us at 215-356-3941
Alicia & Joe Hurst
Sellers can contribute up to 6% of the purchase price to cover buyer closing costs, however the buyer MUST contribute the down payment themselves. That money cannot come from the seller.
I work with a few lenders that have lower requirements for FHA loans, and would be happy to help in any way that I can towards the purchase of your first home.
Joshua Stein, REALTORÂ®
Coldwell Banker Preferred - Conshohocken
Office:(610) 828-9558 * Cell:(215) 866-8030
Direct:(484) 270-1165 * Fax: (215) 999-5894
PA License #RS317975
If you know anyone who needs help buying, selling or renting in the next 90 days, give me a call so I can help them meet all of their real estate goals.
Also, the 6% seller assist is an FHA guideline so all lenders honor it.
Carol Cei, ePRO, Realtor
ReMax Platinum Club and Hall of Fame
5 Star Professional
ReMax Action Realty