Hilton Head Island, Bluffton, & The Surrounding SC Lowcountry
Blog
Feb 10, 2015
50% Down and Paid in 5 Years???
Did you know that the Federal Housing Administration was formed in 1934 to help consumers with homeownership?
At the time, the typical home loan required buyers to make down payments of fifty percent or more on a home, carried very high interest rates, and required that loans be paid back in five years or fewer. Terms like these prohibited most Americans from even thinking about homeownership!
If you want to make a little piece of The Island your own, you need more than just a road map and a REALTOR. You need a partner who can make things happen.
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