Please give me a call at 267-688-1110. I would be happy to assist you.
Keith J. Lawson
RE/MAX Affiliates N.E.
9237 Frankford Ave.
Phila, PA 19114
Member - AREAA Philadelphia Metro
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It is a relatively new program and I am not sure how long it will be around for, but lots of buyers are excited about it.
I suggest finding a good lender and discussing the credit issue with them.
Being a homeowner has many rewards, so no matter the hassles you have to go through, it is worth it in the end.
Once you obtain pre-approval, you should speak with a Real Estate Professional like myself to begin finding the right home.
Hi Q --
It depends on many factors. The sale price of a home, the loan program you will be qualifying for, if there is a possibility of a Seller Assist to help you with the closing costs. Call me at 610.291.1460 and I can walk you through your scenario. I have been helping clients with their Mortgage Financing for over 8 years.
I'm confused by what you mean by prize or prise.
In this case, you'll have to work with your Realtor to see if the bank will change their mind. Very likely, the bank just made this choice on their offer to you. If they don't change their mind and you don't accept, they may very well just reject your offer.... more
Most of those programs are gone. Many have blamed those types of programs for the trouble the housing market is in. They can be a good thing if used properly but I don't think we will see them anytime soon.
Good Luck!... more
minimum is 3% if you are not eligible for VA loan with no money down. Plus you have other closing costs and have to have cash reserves sufficient in case you need to repair the home. Good luck, but you might be too ambitous to buy without at 5% of a purchase price to cover costs and the down payment.... more