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Want to experience the joy of home ownership but need a
loan? The Federal Housing Administration has been helping
people fulfill their dreams of owning a home since 1934. The
FHA became part of the Department of Housing and Urban
Development's Office of Housing (HUD) in 1965. Today the
mission of the FHA includes, helping borrowers obtain loans
they qualify for. The FHA insures your loan so that lenders
can offer you better, more affordable rates. Whether you
live in a single parent household or a multi-parent
household, the FHA can help you purchase a home or refinance
the home in which you currently live in. FHA programs can
even help you make home repairs or energy-efficient
improvements. Act now, the FHA can help!
 You
are just a couple simple steps away from finishing the
hardest part of securing an FHA loan. Apply here to see if
you are qualified for an FHA insured loan and Let our FHA
Mortgage Specialist take care of your dreams!!!
FHA
Home Loan Guarantee Program
FHA loans offer a loan guarantee for mortgage companies. If
you acquire a FHA loan to purchase a home, the FHA is not
actually lending money to you, the buyer; the FHA simply
guarantees the lender in case you, the borrower, default on
your mortgage payments. While most lenders will not allow
you to go to 95% LTV. With FHA you can pay as little as 3%
of the purchase price of your home for your down payment
(97% LTV), and finance your closing costs with your mortgage
loan. The FHA can guide you toward programs that require no
down payment.
You can purchase a home in need of repairs and finance the
repair costs with the mortgage. This way you can make the
necessary repairs immediately without having to come up with
the money yourself.
You can purchase manufactured homes and condominiums with a
FHA loan.
You can finance the cost of energy-efficient repairs with
the mortgage.
Additional Information
FHA loans are funded by financial institutions such as
mortgage centers or banks. The Federal Housing
Administration is a branch of the Department of Housing and
Urban Development and provides lenders with insurance on
your loan. The FHA is here to help you become a homeowner or
refinance into a lower monthly payment. Both the
FHA and HUD offer
low-interest loans to qualified borrowers so that they may
purchase homes. The FHA and HUD also offer mortgage
insurance for those who are part of the VA Home Loan
Guarantee Program. Contact a loan specialist to see if you
are eligible for this type of loan.
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Discover
important mortgage tools to help guide you in your
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