3 Responses to “Is it possible to qualify for 100% financing with a FHA home loan?”

1. loanmasterone says:

   August 30, 2009 at 6:08 am

   Some FHA loans will go up to 103%, but this type of loan is for minor repairs on the property and not for the sales price. Inquire of your mortgage consultant if you and the property can qualify for a 203B FHA mortgage loan.

   You would still be required to bring in your normal down payment. Your down payment could be as low as 3-4% depending on the FHA program you are approved for.

   There are still a few 100% programs available, the criteria to get approved for this type loan normally discourage borrowers from applying. Just about the only 100% buy mortgage loan still available is the VA mortgage.

   I hope this had been of some benefit to you, excellent luck.

   "FIGHT ON"
2. ERIVAN says:

   August 31, 2009 at 4:07 am

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3. New Mortgage Info » Blog Archive » Is it possible to qualify for 100% financing with a FHA home loan … says:

   September 6, 2009 at 10:32 pm

   [...] admin wrote an fascinating post today onIs it possible to qualify for 100% financing with a <b>FHA</b> home loan <b>…</b>Here’s a quick excerpt [...]

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