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
Enjoy the private setting of this Charming Rambler on an acre lot and only 7 minutes to Woodinville! This 3 bed, 1.5 bath home is sited amidst mature trees and showcase...
- Bldg.Echo Lake
- Courtesy ofRE/MAX Northwest Realtors
Sun-Drenched, Airy & Bright! Located in a lovely area near Parks, Woodinville Wine & easy freeway access. You'll enjoy the dream kitchen with tons of counter space, walk ...
- Courtesy ofHometown Advisor R/E, LLC
This estate has it all! Large 4 bedroom rambler on 7 flat, usable acres. Cross fenced with 3 horse stalls, makes this a perfect equestrian property. 2 shops totaling over...
- Courtesy ofMarketplace Sotheby's Intl Rty
Located on 2.57 secluded acres on Dogwood Lane in Woodway. This outstanding home features 5 bed, 4 bath, remodeled kitchen, office, Rec room, & 6-car garage. Property is ...
- Courtesy ofSavvy Lane Inc
Spacious home east of 99. This home seems larger then 2300 sq ft. Main level features living rm w/gas fireplace opening to kitchen w/eating bar & large pantry, dining r...
- Courtesy ofWindermere R.E. Shoreline
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