The Federal Housing Administration has established the FHA Loan Program to help Americans buy homes.
Some of the advantages of going with an FHA Loan versus a Conventional loan include:
1. Loans are available with a down payment as low as 3.5%.
2. Most closing cost can be rolled into the loan.
3. Loan are available that can help to makes your next home more energy efficient.
4. Loans can be obtained to help repair and renovate the home (this is especially useful when purchasing a foreclosure property.
Loan limits change frequently and can vary by county and city. Click HERE to look up the FHA mortgage limits for the area that you are looking to purchase a home.
To find out how to obtain an FHA Loan, give me a call at 678-631-1812 or email me at Connie@LivingInCobb.com and I will suggest some great lenders who offer FHA financing here in Cobb County.
