There are still great loans available for first-time buyers, and it is important to work with a trusted lender who can help make sure this process is smooth & successful.
I work with Stefani Pearsall from Countrywide Home Loans and she works with many first-time buyers. Her e-mail is email@example.com. Drop her a line and please tell her that I referred you. Please let me know if you are looking for an experienced realtor who can help you find & negotiate a great first home. There are many out there, and I love working with first time buyers!
Best bet contact an agent that understand both if you need a referral feel free to contact me.
There are many first-time home buyer programs available.
My office is in San Jose, if you would like to work with a local mortgage professional. I've been working in the mortgage industry since 1981 and have helped many borrowers purchase their first homes.
You can reach me at 408-467-0500. My website address is http://www.alliedsanjose.com
You can also do a web search on my name, Elva Wormley, to learn more about me and the level of service I provide my clients.
I am an agent that works and lives in 95148. I am currently working with 2 other first time home buyers. There are plenty of homes in the East Valley that are looking for a well qualified home buyer. I work with a couple of banks and a mortgage broker that would be glad to show you what you can afford. If you would like additional help you can always contact me at firstname.lastname@example.org.
Have a great day!
For your information as well, your loan amount exceeds the regular FHA loan limit. The expanded limits have additional fees to do and with FHA you always have mortgage insurance which you don't need with a down pay,ment greater than 20%.
New Fannie Mae & Freddie Mac pricing hits could possibly cost you as much as 1.5% for loans greater than 70% loan to value with a credit score of between 660- 679. Thus I think it would be wise if you have enough timebefore you have to close, to speak with a loan officer than can guide you on increasing your credit score. I have a computer program from one of my reporting bureas that gives you step by step instruction on such matters. Feel free to contact me for further information. Good luck