FHA Loans

FHA Loans are insured by the federal government and are a great way to purchase a home.

Some of the benefits of the FHA program:

Easier to Qualify – credit guidelines are more flexible than Conventional loans

Less than Perfect Credit – FHA does not require perfect credit.

Low Down payment – FHA only requires 3% down payment from the borrower. This money can come from a family member or employer.

Lower monthly mortgage insurance – FHA’s monthly mortgage insurance is much less than a conventional loan.

Streamline Refinances- after 6 months of on time payments, you can qualify to lower you interest rate without requalifying (Subject to market rates)