For First-Time Home Buyers- FHA based loan that only requires a HALF PERCENT down! Who is eligible for this program? First-time home buyers purchasing any kind of home— What is the definition of a first-time home buyer? The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. The program basically involves TWO loans. The first loan is 96% and second loan is for 3%. For example if someone is buying a $200,000 house……….. $1000 dollars for down payment? Must meet other guidelines.
For Pre-qualification, please fill out the form http://homebuyingselling.com/myfiles/FinalPreQualApp72610.pdf and fax it back to us or to receive the form, please fill out your information below.
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