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FHA Finance Program Explainer Video

By December 18, 2014December 6th, 2023No Comments


Did you know there’s an FHA program that offers you 100.5% finance for the purchase of your home? If you tried to purchase a home in the past most likely you were offered an FHA loan with a 3.5% Down Payment and for this example, we’ll use $170,000 as a purchase price meaning, you had to bring $5,950.00 down plus closing cost approximately $7,079.00 minus $3,000.00 seller’s contribution.

That’s A total of $9,749!!!
But with the 100.5% finance program, it will look something like this

The Down Payment Assistance will cover 4% of the purchase price: $5,950.00

Now you will only need a total of: $3,799.00 To Close instead of $9,749 saving you $5,950.00

And the best part is that this program provides 4% down payment assistance in the form of a

Grant non-repayable for FHA, VA or Conventional Loan.

Also, you don’t need to be a first-time buyer
You can even own another home when applying
As long as you have a Minimum of 640 FICO for FHA & 680 for Conventional
And attend a home buyer class online or a live class

So what are you waiting for?

Are you going to keep throwing your money away from Renting Building equity for your landlord?

Take action now and let Federico Calderon a Real Estate Professional with more than 10 years of experience help you accomplish your desired goal “Becoming a Home Owner”

Click on the link below, type your information and Federico’s assistant will contact you to set up an appointment.

Thank You for Watching!