– Buying for your first home is a huge decision and can be confusing for first-time home buyers- but we’re always here to help. Get first-time home buyer tips from our president and WFTV’s Mortgage Expert, Shahram Sondi.
7 Tips For the First-Time Homebuyer – Buying your first home can be nerve-racking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. But preparation and knowledge.
203k loan interest rate With a 203k mortgage loan the minimum credit require is a 640 score. The max loan-to-value ratio is 96.5%. 203k Refinance. You can refinance your current mortgage into a 203k loan and get the extra cash to make repairs and renovations. The same rules apply to streamline and standard 203k loans.