I spoke to my favorite lender this morning and he informed me that he can now offer Conventional financing for condominiums with just a 5% down payment. The lowest down payment last year for Conventional condo financing was 10% down. You can get 3.5% down condo...
FHA Loans
Down payment can be gift from a family member if you use an FHA loan
Aug 5, 2010 | FHA Loans, Salt Lake City homes, Salt Lake City real estate, Salt Lake County homes and condos
If a home buyer uses a FHA loan for their purchase of a home, all or part of the down payment can be a gift from a family member. FHA loans currently require just 3.5% down too. Kevin CoyleMBA, Associate BrokerKevin@SLCHomeBuyer.com801-243-0699 (Mobile)Stonebrook...
More on financing Salt Lake City Condos
Mar 11, 2010 | FHA Loans, Kevin Coyle, Salt Lake City condos, Salt Lake City real estate, Utah Condos
After writing last weeks Blog entry, I started wondering what percentage of Salt Lake condos actually sold FHA in the last 6 months. So I went to the Wasatch Front MLS and did a little research. I chose to evaluate three areas and price ranges. Area and price range...
Search
Popular Posts
Navigating Mortgage Rates: What to Expect in the Final Quarter of 2024
Nov 20, 2024
As the end of 2024 approaches, mortgage rates remain a hot topic for both new homebuyers and those thinking about refinancing. Rates peaked in October 2023 and again earlier this year, but now we’re seeing a bit of a break, providing some breathing room for those...
Must-Attend Holiday Events in Salt Lake City
Nov 15, 2024
Salt Lake City transforms into a winter wonderland each holiday season, offering a variety of festive events that appeal to all ages. From dazzling light displays to cultural performances, there’s no shortage of things to do. As the holidays approach, mark your...
Stay Warm and Protected: Essential Tips for Winterizing Your Home
Oct 30, 2024
Get your home ready for winter with essential tips to prevent costly repairs and stay cozy in Salt Lake City. From protecting pipes to using programmable thermostats, explore these practical steps to winterize your home and stay warm this season!
1st Quarterly Results 4th Quarter Real Estate Results 2023 Real Estate Trends Add new tag Buy a House Buying Homes in Salt Lake City car loan Condo Eco-friendly home Fall Activities in Utah Hiking Trails Home Buyer Representation home buyers Home Buyer tax credit Home Decor home for sale Home for Winter Home Inspection Home Remodeling homes and condos in Salt Lake City home seller Homes in Utah Home Tips Interest Rate Kevin Coyle mortgage New Listing Quarterly Results Real Estate Real Estate Education Real Estate Tips Real Estate Trends Salt Lake City Salt Lake City condos Salt Lake City homes Salt Lake City Real Estate education Salt Lake County 2nd Quarter Results Salt Lake County 3rd Quarter Results Salt Lake Realtors Selling Salt Lake Homes SLC activities SLC Homes SLC Real Estate Things to do Things to do in SLC