– How to Qualify for First Time Home Buyer Programs Want to know if you qualify for a first-time buyer program? These programs are specifically designed to help first time buyers overcome some of the more common hurdles they may face when buying a home, such as saving up for down payments and closing costs.
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Are you planning to buy a house in Washington State in 2019? Will you be using a mortgage loan to finance your purchase?If so, there are a few general requirements you should know about, before you start shopping for a home.
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An FHA loan is a mortgage that’s insured by the Federal Housing Administration (FHA). They are popular especially among first time home buyers because they allow down payments of 3.5% for credit scores of 580+. However, borrowers must pay mortgage insurance premiums, which protects the lender.
Frequently Asked Questions about buying a property in. – Frequently Asked Questions What if I want to rent my property? I am going to buy with my partner or some friends, do we need special arrangements?