Housing Crisis 2012: Financing available 1 day out of short sale.

Can you believe this is even an option? If FHA is really allowing such a thing, it should be shut down and management should be prosecuted.

ATTENTION REAL ESTATE PROFESSIONALS!

We have niche programs that will help you close more transactions:

1 Day Out-of-Short Sale - FHA Financing
- Standard FHA Financing with 3.5% Down Required.
- No Reserves Required
- No Minimum FICO (But must have been current on previous home loan)

FHA Access
- Only 1/2% Down Payment*
- No Reserves Required
- No Minimum FICO
- California Only

Conventional Financing with up to 10 properties
- Second Home and Non-Owner Occupied Financing
- Purchase 1 Unit = 75% LTV
- Purchase 2 – 4 Units = 70% LTV


FHA $100 Down
- HUD REO Properties Only
- No Minimum FICO
- California Only


FHA Good Neighbor Next Door

- HUD REO Properties Only
- For Selected Professionals (i.e. Police, Firefighters, Teachers, EMT's, etc)
- No Minimum FICO
- HUD Offers up to 50% discount off list price
- $100 down and closing costs financed
- California Only


Other Niches:
- FHA Loans(Full-Doc and Streamline)with NO FICO and Below 620 FICO Scores
- FHA 203-k Rehab

- CalPERS (California Public Employees Retirement System)
- CalSTRS (California State Teachers Retirement System)

Let Us Fund Your Next Transaction!

FMC.jpg

For More Information Contact:

1-800-737-0104


*FHA Standard FHA guidelines apply. LTV requirements are 96.5%. Down Payment is a combination of a 3% second over a 15 year term and buyers minimum investment required is .50% down which can come from gift. Income restrictions apply. For complete details contact a First Mortgage consultant.

Comments

Patrick said…
Wow, awesome real estate blog. Bookmarked, thanks

Miami beach condo

Popular posts from this blog

Mission Lakes Neighbors Ask Union City Mayor and Council to ​Rethink East West Connector

Fremont's New Housing Legislation is another step in the right direction!

Important Easement Information