2160 Wassergass Rd, Lower Saucon Township
FHA Home Search!
Search FHA Approved homes in the Lehigh Valley. Now you can browse FHA homes for sale in Allentown, Bethlehem, Easton, and all over the Greater Lehigh Valley. Apply for a low down, FHA Home Loan Today! Just call/text our FHA homebuyer hotline at 610-533-4549
What is an FHA Loan?
FHA Home Loans are not just for first time buyers. Anyone who does not currently have an FHA Mortgage, may qualify. FHA loans feature a 3.5% down payment, lower interest rates, and are much easier to qualify for than a conventional mortgage! Call/Text our FHA Hotline 610-533-4549 for Free Info!
Which homes qualify for FHA loans?
Most homes can or will qualify for an FHA mortgage. It’s all about the condition of the home. If everything is functional, safe, and working properly, chances are the home will qualify for FHA. Its also up to the seller to decide if they will accept an FHA loan whne selling there home.
In many cases the home might require minor repairs such as handrails, chipped or peeling paint on porches to be painted, and any obvious safety concerns to be corrected. These reapirs are negotiated between buyer an seller, but ia string marlet, most homes are sold as-is. (buyer does repairs)
A home can be very dated, needing only lots of cosmetic updates and still easily qualify for an FHA mortgage.
Which homes will not qualify for FHA?
There are certain instances when a home would not qualify, for example if it’s a real fixer-upper, has issues with well and septic, and certain other rare instances. In most cases it the physical condition of the home that will determine if it will qualify. A good real estate agent will Be able to view a property and let you know if I can qualify or not.
Questions on whether a property qualifies? Give us a call or text at 610-533-4549.
How do I qualify for an FHA mortgage?
An FHA mortgage is simply a government insured mortgage, designed to make the homebuying process easier. You don’t have to be a first time home buyer, you just cannot have a current active FHA mortgage in your name.
What credit score do you need for FHA?
FHA mortgages are some of the easiest to qualify for. If you have a consistent two year work history, acceptable credit scores typically 620 or higher, it’s actually very easy to qualify!
What is the required down payment?
FHA home loans offered a minimum of 3 1/2% down payment, very low interest rates, and they are very flexible with your credit and your debt ratios.
To see if you qualify for an FHA mortgage, give us a call or text us at 610-533-4549
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