Isabelle G. Avatar
I was not aware I could write a review for David! It has been such a pleasure working with the whole team ! Even though... [read more]
I. G. 10/13/2023
Beth J. Avatar
David and Jan work well together. When I have questions David is very patient with me. He will explain the process and the... [read more]
B. J. 10/13/2023
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David and team were awesome! They made it possible for us to get a loan for a house at lightning speed. David is also very... [read more]
S. P. 7/13/2023
Giuseppe M. Avatar
David is as knowledgable as they come and more than willing to share that knowledge with his clients. He helped make sure I understood not... [read more]
G. M. 7/13/2023
Emily R. Avatar
Dave & Jan were amazing at helping us buy our first home! Dave spent over an hour with us before we agreed to anything just... [read more]
E. R. 5/23/2023
Bill F. Avatar
World class experience w/David Haley and team! We hit it off right away and he had us get all of our docs in order just... [read more]
B. F. 5/13/2023
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FHA Mortgage – Gift Funds – Bothell, Mill Creek, Lynnwood WA

Gift funds still allowed for Home Buyers seeking to become a home owner, with home prices that are compared to 2000-2003 prices, and with today’s low interest rates, often times you can get into a home lower than what your rent payments are.

Gift funds can come from family members and all that is needed is 3.5% for your down payment, so if you were to purchase a home for as little as 150,000.00 then you will only need: 5,250.00  as a gift down payment.

There are other ways that you can accomplish this down payment if you choose to not receive a gift from your family, you can take a loan on your 401k up to 10,000.00 when you are a First Time Home Buyer.

When you are ready to go out and begin the home search make sure you have your finances, credit, and employment all worked out, by this I mean get pre-approved before you take the step to go out and look for your home. You must know what your payment and debt to income ratios will be, as well as what you can truly afford.

Buying a home can be easy when you have the right steps done in the right order, believe me, make sure you know what you can truly afford before you go out looking for a home.

Stanwood-listing-003 Who can qualify for a FHA Home loan, just about anyone, you do not have to be a first time home buyer! If you have owned a home before that is fine, you can have one FHA loan at a time, is the main guideline, however some exceptions have been seen before.

So to quickly summarize you can still purchase a home Zero Down* if you do receive a Gift! Should you seek more information and want to know what you qualify for go to the top right side of the website, click “Apply Now” and put David Haley as the loan officer and I will be glad to help you get started to owning your new home!

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