Homelis Realty

Category: Real estate agency

Address: 840 Deltona Blvd Unit F1, Deltona, FL 32725, USA

Phone: +14073378333

Opening hours

Sunday: Closed

Monday: 8:30AM–5:30PM

Tuesday: 8:30AM–5:30PM

Wednesday: 8:30AM–5:30PM

Thursday: 8:30AM–5:30PM

Friday: 8:30AM–5:30PM

Saturday: 9AM–1PM

Reviews

Ryan Tagle

Oct 13, 2022

We are first time homebuyer and new immigrants, with zero knowledge on purchasing house, but we have a big dream to someday live in our dream house. It felt daunting at the beginning, but Warren paved the way and explained everything so clearly, that we comfortably sleep at night, knowing that we are in good hands. He never settle until he finds the best place for us. Warren, we are so thankful for you in securing this home for our family. You are the best, and we feel privileged that you were our real estate agent. Again, thank you for helping us to make this dream a reality.

Penny Walker

Sep 16, 2022

Dee is an amazing realtor. She never gave up, always encouraging and guided us every step of the way. After trying for 5 years , she got us to closing .

Vanice Williams

Sep 10, 2022

I just want to take this time to tell Warren and Sydonie at Homelis Realty I am so happy you guys are the best because of your Awesome work I am a home owner thank you.Homelis Realty the Best . Thank you 🙏

Sherline Laine

Sep 2, 2022

From day one Warren Spencer went above and beyond to make selling and buying process smooth and stress free. Accurate, thorough and knowledgeable about every steps in both process. I couldn’t ask for better team. Thank you for all you and your amazing team has done for me and my family. 😀👏👏👏

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Questions & Answers

What does your credit score have to be to get down payment assistance?

Homelis Realty | Oct 13, 2019
Homelis Realty | Oct 13, 2019

To qualify, borrowers need a credit score of 620 to 640 or above for 3.5 percent in down payment assistance and a score of 661 or above to qualify for up to 5 percent of the home value.

Is down payment assistance a good idea?

Homelis Realty | Oct 13, 2019
Homelis Realty | Oct 13, 2019

While FHA loans are the most common to use with down payment assistance, it doesn't mean other loan products are off the table. FHA has more flexible down payment requirements than some other loans so it may be a good fit. Many down payment assistance programs are also compatible with VA, USDA and conventional loans.

What credit score is needed for first time home buyer?

Homelis Realty | Oct 13, 2019
Homelis Realty | Oct 13, 2019

The Federal Housing Administration, or FHA, requires a credit score of at least 500 to buy a home with an FHA loan. A minimum of 580 is needed to make the minimum down payment of 3.5%. However, many lenders require a score of 620 to 640 to qualify.

What credit score is needed to buy a house with no money down?

Homelis Realty | Oct 13, 2019
Homelis Realty | Oct 13, 2019

If your score is 580 or above you can qualify with just 3.5% down. While you need 3.5% down for FHA, they do allow 100% of the down payment to be a gift. Or you can find down payment assistance programs that could allow you to buy a home with no money down. USDA and VA loans require zero down payment.

How does a down payment assistance program work?

Homelis Realty | Oct 13, 2019
Homelis Realty | Oct 13, 2019

They provide a set amount of money to qualified homebuyers. Homebuyers can use the money to cover their down payment or closing costs. The money you receive through the program may be considered one of three things: a grant, an interest-free loan or a debt you pay off in the future.

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