A commonly asked question is what is a good program for first-time home buyers? …

A commonly asked question is what is a good program for first-time home buyers? ⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ A great option, although not the only one, is an FHA loan.⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ Here are some key factors that make this a great loan option:⠀⠀⠀⠀⠀⠀⠀⠀⠀ It has one of the lowest down payment options at 3.5%⠀⠀⠀⠀⠀⠀⠀⠀⠀ Interest rates are typically lowers than conventional loans⠀⠀⠀⠀⠀⠀⠀⠀⠀ Less strict qualifying criteria and looser credit qualifications⠀⠀⠀⠀⠀⠀⠀⠀⠀ Closing can happen as quickly as other traditional loan programs⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ In summary FHA loans are designed to make housing more affordable, particularly for first-time home buyers!⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ Are you interested in getting pre-approved for an FHA loan? Contact us today to get started! (951)-403-1409⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ .⠀⠀⠀⠀⠀⠀⠀⠀⠀ #socalrealestate #californiarealestate #losangelesrealestate #ocrealestate #sellyourhome #sellersagent #larealestate #iloverealestate #realtorslife #inescrow #realtorlife #realtorforlife #buyhomes #yourrealtorforlife #mortgages #mortgage #mortgagepro #lenders #sellmyhouse #isellhomes #homebuyertips #lender #businessloans #mortgagelending #mortgagebroker #newhomesforsale #investmentproperty #creditispower #closingday #undercontract #localrealtors – posted by www.instagram.com… – See more Real Estate photos from Local Realtors at LocalRealtors.com