Snohomish County FHA 3.5% Down Home Loans
FHA financing is a home loan program offered through The US Department of Housing and Urban Development. FHA financing allows borrowers to purchase a home loan using a 3.5% downpayment. 3.5% of what? When calculating the downpayment mortgage officers use the purchase price of the home. Example: the home’s price is $100,000 and the downpayment is 3.5% then the downpayment is $3,500. If the home is $400,000 then the down payment is $14,000.
Types of FHA Financing Programs
- FHA Financing for Single Family Home
- FHA Financing for Multi-Family Dwellings
- FHA 203K Rehab Loans
- FHA Energy-Efficient Mortgage
What Homes Qualify for FHA Financing?
- The home can be in any area or city. Some condos do not qualify.
- The home must be stick built. Manufactured homes do not qualify.
FHA Appraisals: Items of Concern
- Roof is failing
- Siding is failing
- Cracked Foundation
- Failed Electrical or Plumbing
FHA Qualifying Homes
Over 1 acre of land in the heart of the Granite Falls’ industrial district. Lots of potential here! Home features 3 bedrooms, 1 bath, and a fireplace. Bring your ideas! P...
- Courtesy ofBuck Real Estate
Solid investment property. Triplex offering 2, two bedroom units and 1, one bedroom. Updated kitchens and bathrooms. 2 car garage, large fully fenced side yard with pati...
- Courtesy ofTask Properties Inc.
Hard to find 4 BR with Master on the main w/own bath & walk-in closet! View of Cascades & greenbelt(also walking trail) from front entry & living room -very private! Grea...
- Bldg.Baker Vista
- Courtesy ofWindermere Real Estate JS
Beautiful home on corner lot. 4 bedrooms and a den, 2.5 baths, 2,969 sqft, and 2 car garage.
- Courtesy ofKeller Williams Eastside
You are going to love the cozy cottage feel of this beautifully updated and maintained rambler. Kitchen and appliances are 7 years old, with a brand new slider door with ...
- Courtesy ofWindermere Real Estate GH LLC
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