Wichita Area Market has been going strong and steady. Buyers obtaining a Primary Home loan is still the #1 way we are moving homes today. Talking to a good experienced lender and getting qualified is essential. Several loan programs have been very helpful.
1) Fha Bond money: & Rural Development loans: The word is out, Bond money is back. Buyers are able to get assistance using Bond money and /or Rural Development to help with the down payment, roll in the loan their closing cost and pre paids, and they are in with no money down.
2) 203 Fha loans: Perfect loan to assist sellers to update the property so it will sell for top dollar!! This loan can be assumed by the new buyer (passing on the low interest rates) Buyer also can roll in the loan property condition repairs and or updates.
3)Reverse mortgage loans, There is so much to share with this as an option when you have equity in your property.
While prices are still good and interest rates are still low.....lets talk...Call me 316-990-5944
Crystie Macormac- Broker Associate
Realty World Alliance
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