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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
Charming rambler in the heart of Downtown Monroe. This adorable 3-bedroom 1-bathroom home sits on a very generous 1/3-acre lot. It is located on a quiet dead-end street. ...
- 3 Beds
- 1 Baths
- 1868417 MLS
- ACTIVE Status
Listing courtesy of COMPASS.
Welcome home to this well managed 55+ park. This home is light and bright with 2 bedrooms + den/bonus room, and 2 full baths. Enjoy the spacious open floor plan and coo...
- 2 Beds
- 2 Baths
- 1868808 MLS
- ACTIVE Status
Listing courtesy of The Preview Group.
Woods Creek Lot D, 120 acres of high site class ground with potential for multiple homesites. potential for 20 acre zoning. About 35 acres of Mature Timber with the rema...
- 1867348 MLS
- ACTIVE Status
Listing courtesy of Coldwell Banker Bain.
Available now!! 180 acre Forestland tract with homesite development potential. 25 and 34 year old Douglas fir plantations and over 545MBF mature timber volume. Easy acces...
- 1865257 MLS
- ACTIVE Status
Listing courtesy of Coldwell Banker Bain.
Woods Creek Lot A with about 15 acres of Merchantable Timber on high site index ground. Remaining acres are 10 year old Douglas Fir plantation and Creek with a buffer. Pr...
- 1865331 MLS
- ACTIVE Status
Listing courtesy of Coldwell Banker Bain.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.