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
Move-In Ready Townhome Condo 2 Bedroom/1.5 Bath. Wood burning fireplace. Granite Counter Top & Stainless Steel appliances with pass through to the Dining Room. Full...
- Bldg.Townhomes on Center
- Courtesy ofWindermere R.E. Mill Creek
Returned to its former glory is this historic home that has been lovingly remodeled from top to bottom! Period touches such as the original floors, claw foot tub, crystal...
- Courtesy ofRedfin Corp.
Welcome to Braeton Woods, a gorgeous community with spacious lots & beautiful green spaces. The Hartwell is a great room styled plan featuring a double sided fireplace an...
- Bldg.Braeton Woods
- Courtesy ofJohn L. Scott Everett
Beautiful Gold Creek home that backs to a Greenbelt is surrounded by parks & trails.Recently updated with rich hardwood floors,granite and High-end SS appls in kitchen,ne...
- Bldg.Snohomish Cascade Sec. 2A
- Courtesy ofJohn L. Scott Mill Creek
Quality duplex in very good condition. New fencing, new roof, new exterior paint, new electrical boxes. Each has washer/dryer, dishwasher and a single-car garage. Addit...
- Courtesy ofFireside Homes Real Estate LLC
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