FHA just made buying a home in Cary (and the rest of the RTP) easier!
Let’s face it – not that many people have 10 to 30% to put down on a new home… FHA only requires 3.5% and they allow THAT to be a GIFT!
BEST OF ALL… FHA announced this week that they are increasing their allowable loan limits across the country! FHA limit for Wake County is $295,000. To find out about loan limits for surrounding areas check out: FHA loan limits for Wake County, Durham County, Johnston County, Franklin County, Harnett County and Orange County.
FHA loans allow for gifts for downpayments, easier credit scoring requirements – and they will work with people who have part time jobs.
If you are in the market for a FHA mortgage in the Research Triangle, trust Steve and Eleanor Thorne at Connect With Us on Facebook. We have over 20 years of experience helping first time homebuyers make the best move! Call us to get prequalified! 919-649-5058