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
Welcome to Silver Peak Estates. 90 new homes ranging in size from 1748-3,285 SF and 3-6 bedrooms. Our newest Pacific Ridge Community offering the finest in Northwest Cont...
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- Courtesy ofDR Horton
Elegeant well maintained, partialy updated, large 2 Bed Townhome. Main flr features: lg living rm w/pellet stove, 1/2 Bath, bright open kitchen & lg pantry, laundry rm w/...
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- Courtesy ofWindermere Real Estate HKW,Inc
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- Bldg.Baywood Heights
- Courtesy ofKW Everett
Come home to your personal retreat w/private gardens and yard, two decks, hardscape patio, fire pit & waterfall. Backs to greenbelt. Granite counters and upgraded fixture...
- Bldg.Parkway Crossing
- Courtesy ofBuck Real Estate
Approximately 1.56 acres of usable land with a variety of uses for development; retail commercial, multi-use retail, multi-family and more. Currently zoned NC- Neighborho...
- Courtesy ofKeller Williams Greater Sea
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