Westchester FHA
Westchester FHA Makes it Possible to Purchase Your Dream Home
Thinking about moving to Westchester County? Living in Westchester County offers countless benefits. Westchester County is situated in a perfect setting with Connecticut on the east, Manhattan and Long Island on the south. This large scale suburban area is considered one of the wealthiest counties in New York State and the seventh wealthiest county in the U.S.
If you are a first time home buyer, Westchester FHA can help you buy a home with a low down payment and flexible Westchester FHA guidelines. Westchester FHA loans provide flexible credit scoring and no income limits, this makes it easier for home buyers to qualify when compared to other home loans.
What is an FHA loan?
An FHA (Federal Housing Administration) loan is basically a government home loan insurance program. The Westchester FHA loan program helps first time home buyers who would normally have difficulty qualifying for a mortgage obtain a home loan. The primary advantage of a Westchester FHA loan is that the credit standards are a lot more flexible than traditional home loans.
Everyone has the right to live the American dream of owning a home, even with past credit issues. The FHA loan makes this dream a reality. Below you will find a few benefits of applying for a Westchester FHA loan.
Westchester FHA Benefits
- No income limit.
- Credit Qualifying is more flexible.
- Closing costs are FHA regulated.
- Self-employed homebuyers are eligible.
- Down payment for a Westchester FHA is lower.
- You may apply for a Westchester FHA 2 years after bankruptcy.
- You may apply for a Westchester FHA 3 years after foreclosure.
- Home sellers can receive credit up to 6% of the sales price towards buyer costs.
Home buyers who choose Westchester FHA are living the dream of homeownership. Now it’s your turn to buy your dream home in Westchester County or refinance on your existing mortgage. For more details about Westchester FHA loans, don’t hesitate, contact us today. Our mortgage specialists are available to assist you with your Westchester FHA loan request.
Take the first step towards homeownership.
Contact PowerHouse Solutions today.
We make a complicated process simple.
That’s “The PHS WAY!”
Whether you are looking to purchase a new home or refinance an existing one, PowerHouse Solutions is with you every step of the way. We are Homebuyer Purchase and Homeowner Refinance specialists with years of experience. PHS will provide you with the right solution for your New York or Connecticut Mortgage needs!
Our goal is to provide solutions for any New York or Connecticut mortgage situation that our clients face. We strive to make the dream of homeownership a reality.
PowerHouse Solutions is a local company with strong ties to our community. This allows us to create strong relationships between realtors, buyers, and lenders. We’re in this together and all benefit from getting the best New York or Connecticut mortgage possible.