Do you need help buying an existing home or building your dream house from the ground up? The Federal Housing Administration (FHA) has tailored loans to suit both paths, making homeownership more accessible than ever.
Buy with Ease: FHA for Existing Homes
With New Priority Lending, you can secure someone else's home with just a 3.5% down payment (FICO scores 580 or higher). This option ensures a swift transition into your new abode, allowing you to negotiate closing costs with the seller—a perk exclusive to buying existing constructions.
Build Your Vision: FHA One-Time Close Construction Loan
The FHA One-Time Close Construction Loan is the answer for those who prefer creating a home that mirrors their dreams. While there's a wait involved, the payoff is the ability to design your home, avoiding the competition for the perfect house. Surprisingly, the low 3.5% down payment remains constant, eliminating the need for a larger upfront investment.
Get In Touch Today!
If you're ready to leap homeownership, contact New Priority Lending for more information. Our expert team is here to guide you through the loan process, ensuring a smooth and informed journey.
Contact New Priority Lending for more information, and start your homeownership journey today!
Email: info@newprioritylending.com
Provide the following details:
First and last name, email address, and contact telephone number.
City and state of the proposed property.
Credit profile: Excellent, Good, Fair, or Poor.
Veteran status: Are you or your spouse eligible veterans?
Note: FHA One-Time Close Construction Program is for single-family dwellings only. Certain building styles are not allowed under these programs, including but not limited to Kit Homes, Barndominiums, Log Cabin Homes, Shipping Container Homes, and more.
Contact New Priority Lending today for personalized assistance on your homeownership journey!
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