572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719

homes@midrealty.com

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“Lets Talk Real Estate! “FHA Loans” October 12th, 2022

Mid Realty officeJarlynn Hyde

“FHA Loans

Are you a first-time home buyer or a seasoned buyer looking for a new home?  There is a home buying program available in all 50 states that may be worth a look.  FHA loans have been around for generations and there are several types of programs to choose from. The Federal Housing Adminstration insures these loans.  They can offer a better deal that a conventional loan for those with low closing costs and lower minimum down payment, sometimes as little as 3.5 percent.  FHA-approved banks and lending institutions isue these loans.   Borrowers who qualify must purchase mortgage insurance, and payments are made to the FHA.  Your real estate agent can help with more details.  Whether you are buying your first or selling before down sizing, venturing into the world of real estate can easily seem overwhelming.  Arming yourself with the right agent and the appropriate information, whether about loans or neighborhoods or home styles, can make all the difference.  We would be happy to serve as your real estate agent for your next transaction. Let’s get together soon to discuss your buying or listing plans. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”

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