There are several different types of loans in order to buy a house. And right here in the Harlingen, Texas area the most popular is an FHA insured loan. When using an FHA insured loan you will be required to put in 3.5% of the sales price of your own money to buy the house. You can also receive a "gift" from a friend or relative.
There is also buyer closing cost in buying a house as well. And generally speaking that is an additional 5% or 6% on top of the down payment.
Author:Arnold Celis Phone: 956-793-3336 Dated: September 6th 2016 Views: 571 About Arnold: ...
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Arnold Celis has a Bachelor of Business Administration degree from the University of Texas at Brownsville. He was previously a school administrator at Harlingen CISD And before that he proudly served his country in the United States Air Force. Arnold started his career in Real Esate in 1998. Arnold's passion is succeeding through helping others. There is no greater joy than the satisfaction of helping one accomplish the "American Dream" of home ownership. Texas Real Estate Commission Consumer Protection Notice