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
GRAND OPENING! Pacific Ridge Homes presents Cushman Trails in Bothell a sought after neighborhood! A beautifully decorated Baker model is open for tour. Pacific Ridge Hom...
- Bldg.Cushman Trails
- Courtesy ofDR Horton
Come and Check this move in ready House. Newly remodeled, the roof has been teared off and installed , Completely new cedar siding and exterior trim on the entire structu...
- Courtesy ofLarson Real Estate
Absolutely Better Than New - Pride of ownership is evident throughout this wonderful 4bd, 2.5 bath home. The gated entry leads you to over an acre of manicured gardens, f...
- Courtesy ofKeller Williams Downtown Sea
Stunning 5 bedroom featuring: New Miller Superior Quality exterior/interior paint, Stainmaster TruSoft Carpeting w/2 layers of PetProtect cushioning, New faux hard-wood v...
- Bldg.Walnut Grove Div. No 1
- Courtesy ofLifestyle Properties, LLC
Welcome! This home is a standout. Attractively Landscaped in front, level and fully fenced in back w/patio, 2 apple trees, lots of gardening space. Freshly painted, top o...
- Courtesy ofRockwell Realty LLC
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