The ongoing upheaval in the mortgage industry with tightening standards and the reduction of available 100% financing options has created renewed interest in available FHA insured financing programs. FHA is a tried and true method for first time homebuyers and those with limited down payment funds to qualify for and purchase a home.
Watson Mortgage has been providing ongoing training with the branch offices of Central Florida in order to remind those agents who have has experience with FHA of changes and guidelines and introduce a new group of agents to the benefits of assisting buyers obtain an FHA insured loan.
Sellers in Central Florida, where in months past may have elected to hold out for a conventional style loan, now understand the importance of entertaining offers from all buyers regardless of the buyer’s choice of financing. Sellers might possibly be making a big mistake by not offering their home to those buyers using this form of financing.
In researching the current inventory of homes for sale in Orange County where Orlando is located, recent reports indicate that over 2500 homes on the market right now are willing to accept offers that are contingent upon FHA financing. Those numbers are sure to grow.
Contact me if you would like more information on how FHA financing might benefit you as a homebuyer or home seller.
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Mr. Postman look and see if there is a letter from FHA for me.
Do you want to buy a house but are short on cash for a down payment?
FHA loan limits
- Greg Staker - Watson Realty Corp. - 407-304-0255
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