First Home, First Loan

Helping to make home ownership a pleasant reality
Find A Mortgage Now!
Find A Realtor Now!

Free Newsletter

The Real Estate Report


Get Your Free Copy:


Best Loan Options for Buying a Home

posted by Stephen Katz @ 3:28 PM
Tuesday, November 19, 2013

If you’re in the market to buy a home, take advantage of rates while they’re still low.

There are realtor and builder signs up everywhere, but what’s it going to take to get into one of these homes?

Like many young couples, buying your first home is a rite of passage as adults. Sometimes that big step in life isn’t always easy.

Many consumers need a little help and it often starts with the type of loan you choose. What is the best loan option for most consumers today?

There just might be a way to ‘Save a Buck’ with FHA loans.

Jack and Sara March went with an FHA loan and here’s why.

“[It was] just how easy it was to be approved for; the whole process and the down payment. The down payment was a lot lower than your standard loan. You don’t have to put the 20 percent down,” Jack March says.

Instead FHA loans only require 3.5 percent; a much more realistic and affordable option for many families.

March says, “That was just a lot easier for us to come up with the down payment.”

Professionals say FHA loans are a very popular option right now because Fannie Mae is in the process of eliminating their three percent down payment and for most consumers FHA is the only hope of owning a home.

What is seen in the industry is that a consumer who may have a lower credit score perhaps they’re a young buyer who hasn’t had time to build credit or someone who had a bankruptcy and their credit score was impacted by that tend to get a better rate on an FHA loan than they will on a conventional loan.

So if you’re in the market to for a home loan, FHA may be the way to go.

It’s the best with down payment assistance and is the lowest down payment option available.



Stephen Katz

(770) 309-0939 (direct) or (866) 742-8400 —

For the past 18 years, Stephen Katz has built a successful business almost entirely on referrals. As your mortgage consultant throughout the home loan process, Stephen will explain the pros and cons of all available mortgage programs and help you choose the financing option that is best suited to your needs.
Throughout the loan process, he will keep you informed and will respond quickly to your requests with answers and solutions.

Consistently a top producer, Stephen is a Mortgage Bankers Association “Diamond” Award winner, a Georgia Mortgage “Top Gun” and has closed almost half a billion dollars in loans. Put his knowledge and experience to work for you!

More Posts - Website

Comments are closed.

First Home, First Loan is proudly powered by WordPress