Low Down Pmt Alternative to FHA

FHA has been the mortgage of choice for many Arizona home-buyers largely due to the low down payment requirement FHA offers (3.5% down).  As FHA mortgage insurance costs continue to rise homeowners fear that they are stuck with nowhere to turn.  Well fear not!  There are now low down payment alternatives to an Arizona FHA home loan. As FHA has continued to increase the cost of a home buyer's monthly mortgage insurance and make it impossible for mortgage insurance to be eliminated naturally, … [Read more...]