FHA Loans
HELPING DREAMS BECOME REALITY
STEP -1
Why Should I
Refinance My Loan?
Small Call to Action Headline
STEP -1
What is a Home
Equity Loan?
Small Call to Action Headline
STEP -1
What is a Home
Equity Loan?
Small Call to Action Headline
FHA Loans
Federal Housing Administration (FHA) loans are a popular option for home buyers, particularly first-time buyers, who may not have a large down payment or a high credit score. FHA loans are insured by the government, which means lenders are more willing to offer these loans to borrowers who may not qualify for a conventional mortgage.
FHA loans typically require a down payment of just 3.5% of the purchase price, making it easier for buyers to get into a home. In addition, FHA loans have more flexible credit requirements than conventional loans, allowing borrowers with less-than-perfect credit to still qualify. These factors make FHA loans an attractive option for many home buyers looking to achieve their dream of home ownership.
FHA Loans Summary
1) Low down payment requirement of just 3.5% of the purchase price
2) More flexible credit requirements compared to conventional loans
3) FHA loans are backed by the government, which makes lenders more willing to approve borrowers who may not qualify for a conventional mortgage.
4) FHA loans have fixed interest rates, which can provide stability and predictability in monthly mortgage payments
FHA Loans Summary
5) FHA loans allow for higher debt-to-income ratios, which can help borrowers with higher levels of debt qualify for a mortgage
6) FHA loans can be used to purchase a variety of property types, including single-family homes, multi-unit properties, and condominiums
7) FHA loans offer options for refinancing, including streamline refinancing and cash-out refinancing, which can help borrowers lower their monthly mortgage payments or access equity in their home.
Custom home loans designed to help you reach your goals,
with real people who guide you every step of the way,
for the life of your home loan.
“We believe that a well planned mortgage leads to long term wealth.”
- From a Very Wise Man
What customers are saying about us
Andrew went above and beyond. I’d 100% recommend him. He was always ready to answer any questions my wife and I had and was always quick to respond.
Dave Tatter
Andrew and his team were extremely helpful to us during our home search and buy. Andrew went above and beyond to be flexible with providing us with the mortgage that best served our needs. We would highly recommend Andrew.
Mark Reightneour
Andrew went above and beyond. I’d 100% recommend him. He was always ready to answer any questions my wife and I had and was always quick to respond.
Dave Tatter
