FHA/VA Loans
FHA Loan Low down payment, easy to qualify credit, low closing costs
No cash reserves, cash out refinance up to 85% without higher rate
203K Single- close allowing up to $35,000 toward home repairs and improvements
without obtaining a second lien
VA Loan No down payment for qualified veterans
No monthly mortgage insurance
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FHA loan guidelines were created by U.S. Department of Housing and Urban Development or also known as HUD. The FHA loans were created to help those individuals who did not qualify for a conventional home loan.
- If you have less than 10% down payment...
- If you have less than perfect credit... (620 fico or higher)
- If you have a higher debt to income ratio...
- If you have a co-signer who is not planning to be an owner occupied...
- If you have gift money for down payment...
If you answered yes to these scenarios and are unable to get a home loan through conventional mortgage guidelines, we might be able to assist you with our FHA home loans. The best way for you to find out is to complete a Secured Online Application or call one of our Mortgage Bankers today for a free loan qualification.
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