, Home Buyer in Oakland, CA

I LOOK FROWARD TO PURCHASING MY FIRST HOME , MY CREDIT SCORE IS OVER 800, I HAVE VERY LITTLE DEBIT I

Asked by , Oakland, CA Wed Dec 31, 2008

RECENTLY BECAME AN RN AFTER BEING AN LVN FOR MANY YEARS I HAVE NOT CHANGED JOB FIELD BUT I HAVE STARTED A NEW JOB. I HAVE ONLY BEEN ABLE TO QUALIFY FOR AN FHA LOAN .THIS ONLY COMPLICATES THINGS FOR ME BECAUSE SOME SELLERS ARE NOT EXCEPTING FHA LOANS I REALLY NEED A CONVENTIONAL LOAN TO COMPETE IN TODAYS MARKET. I HAVE STARTED SEEING MULTI OFFERS ANY ADVICE?

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2
Vernaedwards,

It all depends what area you are looking to buy a home in. Are you looking to buy in the Oakland area, or would you consider some different areas? I have had no problem with buyers using the FHA Loan. If the [property is in half way decent shape there shouldn't be a problem using the FHA Financing.

There are a lot of properties that qualify for the FHA Financing, and just about all of the bank owned homes accept the FHA also.

If you need help, give me a call.

Happy New Year, and congratulation on your RN achievement.

Jerry Flynn
Old West Realty Inc.
925-820-6550
oldwestinc@yahoo.com
http://housebiz.ca
0 votes Thank Flag Link Mon Jan 5, 2009
I am not sure why you are only getting approved FHA. I can do a 5% down conventional loan. Call me at 877-282-5789 for details. Fred
Web Reference: http://usloans.com
0 votes Thank Flag Link Thu Jan 1, 2009
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