5 Financing Facts For Buyers

Our agent Alona shares 5 financing facts you might not know - she sure does know her stuff  - give us a call today at (828) 771-2339 to learn more about what it takes to buy in today's market! 

5 Financing Facts You Might Not Know:

1.       You don’t need 20% down to buy a home. Many buyers qualify for as little as 3% down.

2.       Your loved ones can gift you your down payment money, as long as it’s traceable and can be explained to your lender.

3.       You don’t have to have a perfect credit score.

4.       VA loans don’t have a limit – qualify for 100% financing and get the home of your dreams.

5.       Fannie May’s underwriting system now recognizes rental history as part of the pre-approval process.