If you have been a renter for a long time or already own a home but are eager for an upgrade, chances are, you will need to sock away some money for a down payment. Here, we have outlines our best tips on how to save for a down payment. [Read more…]
Veterans are among our favorite clients to work with. Buying a new house is a momentous occasion for everyone, but getting to help these heroes and their families find a place to call home is especially fulfilling. Though we can never fully repay the debt owed to them, the federal government does offer specific and exclusive benefits to veterans. One of the most well-known is the VA home loan program. And because a portion of all VA home loans is guaranteed by the U.S. Department of Veterans Affairs, veterans are often able to get into homes with no down payment.
While home ownership remains a critical aspect of the American Dream, many families find themselves up against multiple obstacles like bad credit or saving the requisite money for a down payment. Even those with the most thorough plan and who do all of the right things for saving this money will likely have unexpected expenses come up in the meantime (life happens), making it challenging and frustrating. The good news is that with down payment assistance programs in Phoenix, you might be closer to purchasing a home than you think. [Read more…]
Century 21 Northwest is here for anyone and everyone when it comes to advising prospects. If you believe you are ready to buy a home but you’re not sure how to do it with your not so bright credit history, then you are in the right place. Give us the time of day and we’ll show just how to get the home you need!
Federal Mortgage Options
When it comes to finding the right mortgage, it is important to look at state and local programs that might be able to help you. Some of the organizations that would be worth looking into are ones like The Federal Housing Administration (FHA) and the Veteran’s Administration (VA) which provide loans that have more forgiving credit standards to qualify for loans. For additional help check with your local housing authority.