FHA Loans: What 3.5% Down Can Buy in This Housing Market

	Teke Wiggin	FHA Loans: What 3.5% Down Can Buy in This Housing Market Article
http://realestate.aol.com/	In today’s Scrooge-like lending market, many borrowers are under the impression that they simply don’t have the balance sheets or resumes necessary to buy a home. But while it’s true that banks now hold borrowers to much stricter income standards, many homeowners can still pull off a home purchase with a startlingly low down payment: Only 3.5 percent through the Federal Housing Administration. Meanwhile, typical down payments in today’s market can range anywhere from 10 to 20 percent and beyond.
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Teke Wiggin

FHA Loans: What 3.5% Down Can Buy in This Housing Market

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http://realestate.aol.com/

In today’s Scrooge-like lending market, many borrowers are under the impression that they simply don’t have the balance sheets or resumes necessary to buy a home. But while it’s true that banks now hold borrowers to much stricter income standards, many homeowners can still pull off a home purchase with a startlingly low down payment: Only 3.5 percent through the Federal Housing Administration. Meanwhile, typical down payments in today’s market can range anywhere from 10 to 20 percent and beyond.

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FHA Loans: What 3.5% Down Can Buy in This Housing Market

Teke Wiggin

FHA Loans: What 3.5% Down Can Buy in This Housing Market

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