The Towers of Channelside has been approved for FHA financing! Hooray!
The Towers of Channelside, a luxury condominium community in Tampa Bay's Channel District — recently secured FHA financing approval. This is a huge opportunity because FHA financing opens the door to home ownership for more people by allowing
- Lower down payments — just 3.5%. With prices at The Towers starting at under $200,000, that could mean a down payment just under $7,000.
- Lowest fixed or ARM interest rates in the market
- Lower credit score rating and higher debt-to-income ratios