That’s the latest promotion from the Department of Housing and Urban Development (HUD).
If you use FHA Financing, and you’re an owner occupant, you fit the bill for this incentive. Oh, and you’ll also receive $2500 at closing to use for repairs (trust me, you’ll probably have them on a HUD home,) closing costs or the lower your monthly payment.
Not using FHA financing You’ll still get $1,000 to assist in paying closing costs. Yowza!
FHA financing offers, among other things:
Flexible Underwriting
No minimum Credit Scores
Competitive (sometimes lower) interest rates
Government Insured
AND they’ll kick back 500 Bucks to your friendly neighborhood Realtor.
That’s the latest promotion from the Department of Housing and Urban Development (HUD).
Hamsaaya
June 29th, 2009
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