Sentences with phrase «qualified home buyers obtain»
By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30 - year mortgages, according to a new nationwide survey gauging likely voters» attitudes towards homeownership and housing policy issues.
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Qualifying for and obtaining a mortgage with reasonable terms and the best interest rate possible should be a top priority for most prospective home buyers.
FHA, VA, and USDA financing allows qualifying home buyers to obtain a mortgage with 0 - 3.5 % down.
It has also made it harder for poorly qualified home buyers to obtain mortgage loans.
«Continuing government participation in the secondary mortgage market is critical to ensuring that qualified home buyers can obtain safe and sound mortgage financing products even during market downturns, when private entities have historically pulled back,» Veissi said.
Sellers do not have to co-operate and a smart sales rep will insist that the buyer obtains the services of a qualified home inspector.
The appeals court upheld the dismissal because the mortgage company had made no representations to the brokerage that the buyers were qualified to obtain the necessary financing without selling their existing home.
Credit for buyers and builders remains tight so some sales are cancelled because buyers» failure to qualify and the inventory of new homes is very low because builders can not obtain financing to replenish their sales.
Continuing government participation and establishing an entity that will provide liquidity during all market conditions will help ensure that qualified home buyers can obtain safe and sound mortgage financing products even during market downturns, when private entities have historically pulled back,» Phipps said.