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
Desirable location! This well-kept home with only 1 owner history is situated in a peaceful neighborhood. Open concept floor plan with high ceilings allows for lots of na...
- Bldg.Camden Meadows
- Courtesy ofSterling Johnston Real Estate
Beautiful 3 bedroom/2.5 bath home with a great floor plan in the wonderful Glengarry community. Enjoy the peaceful, quiet tree lined streets and the creek that babbles be...
- Courtesy ofKeller Williams Greater Sea
Beautiful light filled end unit townhome facing gorgeous park area! Enjoy shops, restaurants,theater,etc. Level entry, 3bed/2.5bath, great room with gas fireplace, priv...
- Bldg.Alderwood Highland Condo
- Courtesy ofBetter Properties Eastside
In the heart of Bothell is this freshly landscaped, home in the much sought-after Canyon Park community with an award winning school district. Featuring brand new carpet,...
- Bldg.Canyon Ridge Estates
- Courtesy ofRE/MAX Town Center
Your New Home: Completely updated All on one level living, open concept, with laminate floors throughout. New kitchen complete with cabinets, subway tile backsplash, quar...
- Courtesy ofWindermere Real Estate Central
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