Home Buying in Tampa>Question Details

Jan, Home Buyer in Langley Air Force Base...

How can I know who qualifies? Can A single person qualify?

Asked by Jan, Langley Air Force Base, VA Thu Feb 19, 2009

Help the community by answering this question:


Hi Jan. As a single person you can certainly qualify if you meet basic income and credit history requirements. If you are a veteran or on active duty, the VA Home Loan Program is the best bet. For non-veterans, FHA is the most popular loan these days since the down-payment requirement is relatively minimal at 3-1/2 percent. If you are a first time home buyer (have not owned a home within the last 3 years), you would qualify for the $8,000 tax credit. As a single person, your modified adjusted income would have to be less than $75,000 per year; the property would have to be worth more than $80,000, and you would have to purchase the home in calendar year 2009. If you are not already working with a lender, I can refer you to one of my mortgage specialist contacts. I specialize in short sales in the Tampa Bay area and will be happy to work with you to find the right home at the right price. Please feel free to call me any time.

Darla Schroeder, Realtor, GRI, e-PRO
Century 21 Real Estate Champions
4350 Duhme Rd
Madeira Beach, FL 33708
Direct: (727) 541-3743
0 votes Thank Flag Link Fri Feb 20, 2009
The best person to contact first in dealing with financing and the ability to obtain a loan would be a lender. I am replying because I have a great friend and very professional lender who writes loans in several states, including Florida whom I would highly recommend. I do not benefit from recommending a lender to you since it's illegal to be paid referral fees from lenders... go to their website and you can make application on line and in minutes they can tell you if and for what amount you will qualify for: http://www.hsoaga.com Homes Savings of America. The particular branch is Woodstock, GA and they can write in any state. I hope that helps. Once you decide if/when you can buy, then it is time to contact a highly professional agent that will represent you and help you find your next home. I have several friends in Florida I could recommend to help you with that once it's determined you can qualify for a loan. Give me a call if I can recommend someone to you.
David Brower, Assistant Manager/Realtor
Crye-Leike Realtors
Web Reference: http://www.davidwbrower.com
0 votes Thank Flag Link Fri Feb 20, 2009
Hi Janet,
The first step in the homebuying process is to get a pre-approval with a mortgage consultant. If you go to my website http://www.pamkey.com I have all the information needed to explain the qualification process and a link to a mortgage consultant. The mortgage consultant I use is Sara Adee with Capstone Home Mortgage an affiliate of Wells Fargo. She can help you determine if you can qualify by yourself of if you will need someone else on the mortgage, by the way many single people qualify to buy houses. You can even apply online. Once you get the pre-approval get with an experienced realtor in the area and you can begin your home search. Also as a special note there is now available a first time homebuyer tax credit of up to $8,000 that does not have to be paid back, that is free money! Call me for the details, I would be happy to assist you with buying a home.

Pam Key
Prudential Tropical Realty
0 votes Thank Flag Link Fri Feb 20, 2009
The best way to know is to talk to a mortgage consultant. They will be able to tell you if you qualify.
0 votes Thank Flag Link Thu Feb 19, 2009
Yes exactly single works.

we need to get you in front of a Mortgage Broker

Do you have one?


0 votes Thank Flag Link Thu Feb 19, 2009
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