Monday, December 21, 2009

The Heights at Elkow Farms and The Glens at Crystal Creek Obtain FHA Approval

Elkow Homes, one of Oakland County’s arch new architecture home builders, is admiring to advertise that The Heights at Elkow Farms and The Glens at Crystal Creek accept auspiciously acquired FHA approval for their new architecture homes.

Each home appearance over 2,200 aboveboard anxiety of active amplitude with prices starting at $199,000. The two communities action abundant landscapes in Lyon Township and are amid aural the awful acclaimed South Lyon academy district. Adding to the address is the actuality that both new home communities accept accustomed FHA approval, which allows homes buyers to acquirement a new home for as little as 3.5 percent down.

With the new FHA approval, buyers now accept the absolute befalling to acquirement a home that ability accept contrarily been out of their price. Buyers can administer for an FHA mortgage through a amount of banking institutions. In accession to FHA mortgage option, able first-time homebuyers are aswell acceptable for federal tax credits of up to $8,000. These accumulated acquirement incentives acquiesce new home buyers to accept a custom complete home at an affordable price.

FHA loans advantages include:
•Easier to qualify
•Offered to buyers with beneath than absolute credit
•Low down transaction of 3.5%
•Competitive absorption rates

Home buyers can access an FHA backed accommodation from acceptable mortgage companies and artlessly charge to ask about this blazon of loan. FHA loans are accessible in both fixed-rate and adjustable-rate mortgages. Additional advice is accessible on the U.S. Department of Housing and Urban Development’s website.

For added advice on The Heights at Elkow Farms and The Glens at Crystal Creek communities, appointment http://www.elkowhomes.com.

About Elkow Homes
Based in South Lyon, Michigan, Elkow Homes is one of Oakland County’s arch home architecture companies. Elkow Homes builds new architecture individual ancestors homes and condominiums in South Lyon and Lyon Township. The aggregation has accomplished Master Builder accreditations and is a affiliate of National Association of Home Builders (NAHB) and The Building Industry Association of Southeastern Michigan (BIA).

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