Monday, January 12, 2009

Mortgage Loans to be Had

Yes, there are mortgage loans that are available to the everyday home buyers like you and me. In spite of what the media wants you to believe, all mortgage lending has not disappeared. FHA loans are plentiful, and you only need 3.5% down payment. Often the seller will cover most of your closing costs which means you will have very little out of pocket cash needed.


General Rules are:

Down Payment 3.5% of sales price

Seller maximum contribution to closing costs 6% of sales price

Credit scores as low as 540 qualify

2 years verifiable employment required.

US Citizen or US residency card required

Competitive fixed rates



So if you want to take advantage of these fantastic property prices - give us a call. Our lenders will make sure you you do not loose out on this opportunity to own your dream home. Call us today and let one of our consultants discuss your opportunities.






RSP International Realty
954--632-5514

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