Everyone is eligible for an FHA
Loan.
In accordance with Government
guidelines, eligible applicants can receive an interest rate
reduction at no cost. We offer special debt -consolidation refinance
programs. We will design a payment plan to fit your budget even if
you’re self -employed, or have past credit problems.
Other advantages of this program
are:
-
Pay Off High Interest Rate
Credit Cards
-
Extra Cash for Home
Improvements
-
Switch From an Adjustable to a
Fixed Rate
-
Skip 1 Mortgage Payment
-
Borrow up to 95% of the value
of your home
-
Consolidate first and second
mortgages into a single loan
-
Bill consolidation programs
available
BENEFITS OF FHA
HOME LOANS
FHA home loans are
loans that are insured by the Federal Housing Administration (FHA).
Since the FHA loan is insured by a government agency, Lenders,
Mortgage Companies and Banks are willing to make loans available to
people that otherwise may not have been approved for a loan. Perhaps
the greatest benefit of an FHA loan is that little to no money down
is required to be approved for the loan. Another major benefit to
using an FHA loan for your mortgage needs is that less than average
credit and even sometimes poor credit is allowed. In most cases if
you don't have great credit, then your interest rate will be much
higher, however, all FHA loans carry low rates.
FHA is a very popular
route for the first time homebuyer to take. It is not a
program reserved only for first time home buyers. You can buy your
third or fourth home with an FHA loan.
FHA Loan Specialist
If you have questions or if you want to determine if a
FHA Cash Out Loan
is actually the best financial decision for you, you may get advice from
a FHA mortgage specialist online or call
1-888-526-4589.