Feb 24

Where FHA Loans Are the Most Popular

Where FHA Loans Are the Most Popular

Where FHA Loans Are the Most Popular

Where FHA Loans Are the Most Popular

 

In 2016, 15.5 percent of home purchases were completed using Federal Housing Administration loans, according to ATTOM Data Solutions. For many borrowers, the FHA requires a down payment of just 3.5 percent of the purchase price of a home.

The following are the eight metros with populations of more than 200,000 that had the largest percentage of purchases using FHA-insured loans in 2016.

1. McAllen-Edinburg-Mission, Texas

  • FHA sales: 35%

2. Ogden-Clearfield, Utah

  • FHA sales: 34.2%

3. Merced, Calif.

  • FHA sales: 32.6%

4. Visalia-Porterville, Calif.

  • FHA sales: 31.9%

5. Salt Lake City, Utah

  • FHA sales: 29.6%

6. Beaumont-Port Arthur, Texas

  • FHA sales: 29.2%

7. Indianapolis-Carmel-Anderson, Ind.

  • FHA sales: 27.9%

8. Amarillo, Texas

  • FHA sales: 27.9%

Source: “10 Hottest Markets for FHA Mortgages,” National Mortgage News (2017)

admin

For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both.

Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.

Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that “perfect” property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently.

When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting – or exceeding – his clients’ expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame.

For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania… call Anthony DiDonato.