Alan B. Cash – Real Estate Direct is a HUD / FHA Eligible seller of residential property. This company has been in business for over 35 years with an A+ BBB rating and specializes in selling clean remodeled homes to home buyers utilizing FHA loans and numerous First Time Home Buyer Programs in the Fort Worth and Dallas, Texas area.
An FHA loan is a mortgage that’s insured by the Federal Housing Administration (FHA). They are popular especially among first time home buyers because they allow down payments of.
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Texas Advantage Program. Borrowers qualifying under this program must utilize the down payment assistance associated with this program. The first trust deed is not allowed to be used without using the DPA. For loans reserved prior to 3/4/2019: In conjunction with the first, Borrower receives a 3-year forgivable 2nd mortgage.
The Federal Housing administration requires lenders offering fha loans to go through an extensive approval process. We are FHA-approved and designated as a “Full Eagle” FHA mortgage lender offering FHA-insured home loans in Texas.
Texas MCC Program Criteria / Requirements: All mortgage loan types are eligible. The mortgage loan, available through a network of participating lenders, must be underwritten according to FHA, VA, USDA/RHS or conventional loan criteria and will be at prevailing market rates.
There are no monthly payments for the assistance provided with either option. The program also provides a 30 year fixed rate mortgage. Mortgage options are FHA, VA, USDA and Conventional. This program is available in Texas but outside of Travis County and the city limits of El Paso and Grand Prairie.
How does Altisource’s FHA Default Program solve for these issues. Alyssa is a journalism graduate from the University of.
The FHA loan program requires mortgage insurance premiums (MIPs), which you can either pay upfront or add to the loan balance. Paying MIP upfront costs 1.75% of the loan amount. For a $200,000 home with 3.5% down, the upfront mip costs ,377.
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