Home buyers love FHA loans, an institution that has been around since the 1930's. Basically, FHA insures loans, and this insurance helps reduce the risk lenders may face should the buyer default. Whether you are buying or are considering refinancing an existing home, the current rates are another positive aspect of an FHA loan, where rates have been observed to be hovering between 3.75% to 4.00%. The FHA allows for blemishes in credit history, for those who have had challenges in FICO, bankruptcy, or foreclosure. This coupled with competitive rates and current prices are another reason why home buyers love FHA in the Lacey and Olympia communities, as well as in communities near Joint Base Lewis McChord, which is bringing new buyers into the community every day. If you are contemplating getting off the sideline, start by contacting your friendly RE/MAX broker & by pre-qualifying through an excellent loan officer like the one here at servingwateam.com.
Author:Vicki McLellan Phone: 425-301-2595 Dated: October 16th 2011 Views: 3,785 About Vicki: I'm a full-time licensed professional and love what I do. I use that enthusiasm to make the process ...
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"This is Lance Saunders, and buying a house with Cari was one of the most painless things that i have ever done. I have bought cars that were harder to buy than our new house! i simply told Cari and Kim Harmon with Fairway Mortgage service what I had to work with and they made it happen for me with less than a total of $1000 out of pocket. i would have bought a house a long time ago if i had known how easy it could be with the right people working for you. Thanx again Cari and Kim you ladies are awesome!