Everyone is
eligible for an FHA Loan.
Government Home Loan
Specialists will make sure you have the lowest fixed rate
available. An FHA streamlined refinance loan is great for
homeowners who want to lower their interest rate with no
out-of-pocket costs.
Other advantages of
this program are:
-
No Appraisal
-
No Credit Check or
income verification
-
No Fees / No
Points / No Cost to You
-
Skip One Mortgage
Payment
-
In home
settlements (10 days)
-
Everyone qualifies
-
Easily shorten or
lengthen the term of your existing loan
-
Easily switch
amortization for adjustable to fixed or vice versa
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 Streamline 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.