Buying Your First Home Just Got Cheaper
Government Action Reduces FHA PMI Payments
In an action directed at making homeownership more affordable, FHA-qualified first-time homebuyers may be eligible to pay a reduced mortgage insurance premium. The Biden-Harris Administration committed to housing affordability with an action geared at reducing monthly payments associated with homeownership, specifically to encourage new homeowners and make the market more accessible.
Commonly Asked Questions
"Eric and his team helped us from start to finish while buying our first home. His local knowledge of Chatham County and expertise help us tremendously! Eric's office team are also top notch. I would recommend them to everyone.
If and when we are in the market to buy or sell again we will definitely use Eric and Realty World in Pittsboro."
Want to Take Advantage of These Rates?
It may sound like a deal that’s too good to be true, but it’s real, and you should take advantage of it. Contact Realty World Carolina Properties today to learn more about this new federal action, determine if you qualify, and to start looking for your new home. We specialize in working with first-time homebuyers and can help navigate the FHA application process to simplify your first home purchase.