Jen and Karli's parents decided it was time. Time for their daughters to move out!
Their parents referred them to Nations Home Funding. Jen and Karli met with a Home Loan Specialist to make a plan for buying their first home.
Jen and Karli were worried. They had been told by friends that there was no way that they could buy a home now. There were too many obstacles in the way; they both had just begun new jobs, they didn't have a lot of money for a down payment, and they didn't have many established lines of credit.
But Jen, Karli, and Nations Home Funding went to work. We knew it would not be a 'standard home loan', but we decided it could be done. The Home Loan Specialist began the process of finding a solution and putting a program together to fit Jen and Karli's financial profile.
Jen and Karli got an FHA mortgage that only required 3% down payment. They used some of their own money that they had been saving. FHA guidelines allowed Mom and Dad to also help out with the down payment.
After a few weeks of hard work, Jen and Karli got their dream they moved in to their new home (or was it really their parent's dream?).
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