North Bay Real Estate Blog

Much of our current business comes from first time home buyers or buyers that are returning to the market after an extended absence.  Many of these buyers are able to purchase by utilizing FHA loans.  These types of loans typically allow buyers to get into the market with less money down and help those who may not fit into other loan programs.  In order to keep your options open it is best to ask any potential lender two very important questions:

1)  Are FHA loans at least an option if I choose to work with you?

2)  How long will you need to complete an FHA loan if I do need to utilize this loan?  (We are finding that some lenders are much better than others at getting FHA loans completed in a timely matter).  This matters to you because we need to meet many time frames during your home purchase, and not meeting time frames may mean losing the house or costing you money.

In a nutshell, not everyone will need or want an FHA loan, but it can be an important tool in getting the home of your dreams.  If you have further questions or just need to know more, we are here for you. 

Remember, most of our business comes from your introductions to family, friends, and neighbors.  Who do you you know that will be buying a home soon?  Call us and we can discuss how to best arrange an introduction.  Have a terrific day!