Do you have a child who is a college student or recent college grad? Or are YOU a college student or recent grad who would rather own than pay rent? FHA loan programs allow for a parent/grandparent/family member to cosign on a loan for another person, in order to help them show enough income to qualify, and the time has never been better! FHA loans will allow a buyer to borrow up to 96.5%, and with the new $8000 tax credit for first time buyers, borrowers in many cases can get into a new home with almost NO money down! Rates are excellent, as low as 5% in some cases, and with so many houses available on the market, it’s a great time for buyers to get an excellent value on their first home. There are some real “deals” available, and sellers are very motivated.

Please call or EMAIL me if you would like more information. I would be happy to send you my first time homebuyer information packet, which contains more details on the program above, as well as many others, and tons of other great information to get you started on the path to home-ownership.