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Financing in Swampscott : Real Estate Advice

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  • Local Info3
  • Home Buying2
  • Home Selling3
  • Market Conditions1

Activity 3
Mon Feb 24, 2014
Robert Hanson answered:
Depending on your income you may qualify for grants which can eliminate or reduce the down payment. If "solid" income means a lot you may not qualify. However, if "solid" means "stable", possibly you do! Here's a link to educate yourself on these.

We accept these grants as down payment when arranging mortgage financing for our clients and although not all banks will accept them, many will.

I am available to help you at your convenience if you wish.

I can do a full underwriting approval ahead of time if need be and I also offer credit score improvement programs for free while we work on your mortgage.

If you like my answer above, consider clicking on a “Thumbs Up” or “Best Answer”


Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist

Direct: 240-752-7549 Cell: 301-651-7822
NMLS# 695929

Rate quote or live chat with me at the link below:
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Wed Mar 30, 2011
Gaylepat answered:
FHA guidelines will allow you to use an FHA loan for a second home as long as it is your primary residence. So in other words, you can definitely get an FHA loan even though it is your second home because you actually plan to live in it.

Well I hope this helps!
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Financing in Swampscott Zip Codes