Market Conditions in Delta>Question Details

brendasloved1, Renter in Delta, PA

what would be needed down to start owning this home?

Asked by brendasloved1, Delta, PA Wed Aug 28, 2013

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Hi Brenda, let me know if my company can be of any assistance to you? I have many Loan Officers licensed in PA.

A+ Lender on the BBB!!!

All the best,

Fritz Walter
0 votes Thank Flag Link Thu Aug 29, 2013
Hi Brenda
There are a few options with financing
FHA: 3.5% down of the sales price
Conv: 5%
VA: Military service required 0%
USDA: Home must qualify and income qualifications as well 0% and you can finance the closing costs if needed.
You will also need closing costs which you can ask seller to pay all of or some of and they range from 3-5% of the sales price.

Best option is for you to contact a local lender to see how much mortgage you qualify for. Hope this helps and best of luck to you.
0 votes Thank Flag Link Wed Aug 28, 2013
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