Buying a Home? Can I get financing? The Real Answer

The mortgage market and investor requirements are changing at a daily pace on what level of financing that they do and at what loan to value. The first question to answer is that the FHA is still financing at the 100% level with the AmeriDream program.The minimum FICO Score for these programs is for all practical purposes 540 however there will be some Mortgage Brokers that will tell you different stories. Freddie and Fannie both are still financing at the 100% level but the programs are FICO Score Driven and you must be at a minimum of 680 as of today. You may still obtain financing through the VA at 100% as well.I have been selling real estate and mortgages for 12 years now and these statements above are the truth not the myth concerning Real Estate buying today. Loans are still available and are obtainable. Please make sure to consult a qualified mortgage broker who is up to date with the requirements to secure your mortgage and buy with as little stress as possible. Please refer to my home page at http://www.tombrewerjr.com for more information.