Wednesday, February 18, 2009

FHA FINANCING

A 30 year fixed FHA loan for purchase or refinance today was available at 5.5%. To qualify you should have a current FHA loan or have about 5% or more equity in your property. Generally, homeowners or renters with credit scores over 580 may qualify provided they can verify income and not have any bankruptcy open in the past two years. For more information how you can take advantage of FHA financing to help you achieve your goals contact Loan Officer Pete Cannon at Great Lakes Mortgage Corp. at 414-416-9194. On a FHA purchase you just need 3.5% as a down payment.

APR 5.61%
AN EQUAL HOUSING LENDER

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