Young Adults are choosing to rent a house because they think they can not afford or qualify for their own home.
Why pay down your landlords Mortgage when you can own? Many twenty and thirty year olds are qualifying for loans. You will need to have saved up 3 1/2% of the value of the house for a FHA loan, or the preferred choice of a conventional loan requires just 5% of your own cash. Family members can gift you some of your down payment.
Now is a good time to enter into homeownership!
Contact Gloria at 214-789-1076, if you see a starter home in your near future!