You want to get the most for your FHA loan amount. Do you use a Real Estate Agent at a large firm, a small firm, a franchise, or an independent agent?

Application for an FHA mortgage is open to anyone able to meet the cash requirements, mortgage payments, and credit requirements.

FHAMortgage.com is a private mortgage company specializing in fha home loans and is not associated with the federal government or HUD / FHA.


FHA Support: Step 4

Shopping for Your FHA Financed Home


This can be the most fun or the most stressful part. You want to get the most for your FHA loan amount. Do you use a Real Estate Agent at a large firm, a small firm, a franchise or an independent agent? If you follow these suggestions, you will find excellent agents working for firms both large and small, franchised and independent, who can be your guide to finding your new FHA financed home.

Now is the time for an
FHA HOME LOAN



PROPERTY LOCATION


LOAN PURPOSE


PROPERTY TYPE


CREDIT STATUS




Demand Experience

Trust one of the largest investments you'll ever buy to someone with real experience. Always look for an agent with at least two years of experience. Anyone still in the business after two years has probably learned at least the fundamentals of real estate.

Look for Commitment

No matter how long they have been in real estate, make sure they have a full-time commitment to it. If an agent isn't working at least thirty hours a week, fifty weeks a year, look for someone else.

Consider Education

A REALTORĀ® who completes the fifteen eight-hour modules, and passes examinations, may then use the designation of GRI. While only 15%-20% of agents have earned this accreditation, it should not be too difficult finding a GRI in your marketplace as they will commonly print the designation behind their name in advertising as well as on letterhead and business cards.

Conduct Interviews

Interview at least three agents in person. In order to do this, first get recommendations from friends, family and neighbors. Then look on the web, in homes magazines and the local newspaper to see what kind of marketing the various companies are doing in your area and call a few that impress you. Then make brief fact-finding calls to determine which of the agents on your list are full time, experienced and either hold the GRI designation or are at least working aggressively toward it. You will probably need to call ten to fifteen agents in order to find three that are worth interviewing.

The interview itself need not be a formal one. It is simply an opportunity for you to meet the candidate and explain your needs; and to determine whether you would be comfortable working with them. Ask whatever questions you like, or simply explain your goals and listen carefully to what they propose to do for you in meeting your needs.


to Buying a Home with an FHA Loan

> FHA Step 1
How much can you afford?

> FHA Step 2
FHA says, "Know your rights."

> FHA Step 3
Shop for an FHA loan.

> FHA Step 4
Shop for a place to call home.

> FHA Step 5
Make an offer for the home.

> FHA Step 6
Get a home inspection.

> FHA Step 7
Your homeowners insurance.

> FHA Step 8
Sign on the dotted line and move in.

   
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Century 21, ERA, Coldwell Banker

Receive cash back and save money when you buy or sell your home.
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VA Loans for Veterans

Get a VA loan to buy a home, to build a home, to refinance your mortgage, or to simultaneously purchase and improve a home.

VA Mortgage News
Browse through articles about VA home loan programs, VA benefits, home buying and selling, VA mortgage shopping and insurance.

Pioneer Military Loans
Serving the military community with personal loans from $500 to $10k.
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Equal Housing Lender
   




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