FHA has been helping people become
homeowners since 1934. The Federal Housing
Administration
FHA – which is part of HUD, insures
the loan, so we your lender can offer you a lower interest rate regardless if you have
bad credit and or a low credit score.
- Low & No Down Payments
- Low Closing Costs
- Low Credit Score
-
Easy Credit Qualifying
FHA Loan Programs
FHA First Time Home Buyer
Programs
FHA might be just what you need. We offer 100% No money down for
qualified borrowers. Also easy qualifier 3% down payment, and most of your closing
costs and fees can be included into loan. Available on 1-4
unit properties.
Cash-Out Refinance
Would you like to Refinance your current mortgage and pull some cash out? Borrow up to 95% Loan to Value and pull cash-out for any reason.
Want to lower your current rate? Refinance up to 100% No Cash Out with one loan.
Handy Man Special
FHA has a loan that allows you to buy a home, fix it up, and
include all the costs in one loan. Or, if you own a home
that you want to re-model or repair, you can refinance what
you owe and add the cost of repairs - all in one loan.
Reverse Mortgages for Seniors
Are you 62 or older? Do you live in your home? Do you own it
outright or have a low loan balance? If you can answer "yes"
to all of these questions, then the FHA Reverse Mortgage
might be right for you. It lets you convert a portion of
your equity into cash. Just pull the cash out when you need
it. It's available when you need the cash.
Manufactured Housing and Mobile Homes
Yes, FHA allows financing for mobile homes and manufactured
housing. If you own the land and it has a permanent FHA
foundation then Not a Problem.
Again FHA allows Low
Credit scores and bad credit.
An FHA Loan benefits those
who would like to purchase a home but haven't been able to
put money away for the purchase, like recent college
graduates, newlyweds, and or good people with bad credit.
The Energy
Efficient Mortgage program (EEM) helps
current or potential homeowners significantly lower their
monthly utility bills. It allows them to incorporate the
cost of energy efficient improvements into their new FHA
home loan or FHA refinancing loan.
Graduated
Payment Mortgages are FHA loans for homebuyers who
currently have low to moderate incomes but expect them to
increase substantially over the next 5 to 10 years.
FHA Condominium
Loans are specifically designed toward those who purchase
housing units in a condominium building.
FHA Section 245(a) allows those who currently
have a limited income, but expect that their monthly
earnings will increase, to purchase a home with the help of
a Growing Equity
Mortgage in which payments start small and increase
gradually over time.
What is an FHA Loan?
You've heard the name before, but did you know that a FHA
home loan through FHA loan financing is one of the most
popular ways to become a homeowner or refinance an existing
mortgage.
Apply for a FHA Loan Now
FHA Secure Refinance
President George W. Bush announced that HUD's Federal
Housing Administration (FHA) will help an estimated 240,000
families avoid foreclosure by enhancing its refinancing
program effective August 31, 2007.
Disaster Area Victims - 203(h) Loan
Under this program, individuals or families whose residences
were destroyed or damaged to such an extent that
reconstruction or replacement is necessary are eligible for
100 percent financing.
Apply Now
FHA vs. Conventional Financing
Although there are similarities between FHA mortgage
financing and Conventional mortgage loans there are also
some big differences.
While interest rates are similar, credit guidelines are
different. FHA allows for borrowers with less than perfect
credit to still receive a favorable interest rate.
The FHA
Streamline Refinance
If you currently have an FHA mortgage you are eligible for
one of the simplest money saving refinances available today.
The FHA Streamline Refinance
allows existing FHA home loan borrowers to reduce their
interest rate without having to jump through hoops.
Apply for a FHA LOAN
