The 203(b) fixed rate loan is the most popular FHA home loan especially among fi…
The 203(b) fixed rate loan is the most popular FHA home loan especially among first time home buyers. If you have never purchased a home before you may wish to consider the 203(b) FHA loan. It keeps your down payment to a minimum. Your closing costs may also be reduced. The 203(b) FHA loan will finance up to ninety-seven percent of your loan. There are some debt-to-income rations you’ll be required to adhere to but the 203(b) does not have a minimum income requirement. I can help you I have a great team that will get your credit issues ready for homeownership call me let’s talk about buying your 1st home! #HousedbyRenee
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