Home Buyers still have a lot of choices when it comes to mortgages in this market. One option is government-backed, FHA home loans. FHA loans are a very viable option for first time home buyers.
Since the Federal housing Administration (FHA) insures the loan, your lender can offer you a better product. For example, low down payments, low closing costs and easier credit qualifying.
According to HUD, the FHA market share for home purchases is expected to triple over the next 3 years from the estimated 4 percent in 2007 to an estimated 12 % in 2009.
Whether you’re a first time home buyer or a repeat buyer, if you are thinking of buying a home, I would highly recommend that you call Phaedra Wilson with Sunstreet Mortgage, LLC. I’ve worked with her since 1996. Plain and simple, she’s honest. She will answer all of your questions and make applying for a loan an easy and comfortable process.
Phaedra can be reached at (520) 547-4148.
Tony Ray Baker
Latest posts by Tony Ray Baker (see all)
- Tucson Pride 2025: A Community Vision for the Future of Pride – October 16, 2024
- Why LGBTQ+ Families Should Move to Tucson: A Haven for Outdoor Adventure, Sports and Community – September 11, 2024
- How LGBTQ First Time Home Buyers Can Save Money with Down Payment Assistance Programs in Tucson – August 13, 2024
Tony Ray
(520) 631-TONY (8669)
www.SeeTucsonHomes.com
Thinking of Buying a Home in Tucson?
Call or Email me for Your Free Relocation Package.
Tony Ray Baker, Realtor®: TonyRay@GayTucson.com
Licensed Real Estate agent in Tucson Arizona with RE/MAX Select
