The Greater on FHA Loans...
Our FHA Loan Rates Are Great & Our Process is Quick & Painless
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.
The FHA program was created in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing market by making loans accessible and affordable.
Were here to make the FHA home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE FHA Loan Qualifier.
Well help you clearly see differences between loan programs, allowing you to choose the right one for you whether youre a first-time home buyer or a seasoned investor.
The FHA Loan Process
Heres how our home loan process works:
- Complete our simple FHA Loan Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
Why Choose an FHA Loan?
One of the biggest advantages of an FHA loan is the ability for qualified borrowers to purchase a home with as little as 3.5% down.
FHA financing also offers more flexible credit and qualification guidelines than many conventional mortgage programs.
FHA loans may be a good fit if you:
- Want to purchase a home with as little as 3.5% down
- Are a first-time homebuyer
- Have limited funds available for a down payment
- Have less-than-perfect credit
- Need more flexible debt-to-income qualification guidelines
- Want to use eligible gift funds toward your down payment or closing costs
- Are comparing FHA financing with conventional or other mortgage options
You do not need to be a first-time homebuyer to qualify for an FHA loan.
- Fixed Rates
- Adjustable Rate Mortgage (ARM)
- 3.5% Down Payments
- Jumbo & Super Jumbo Loans
- Terms from 5 to 30 Years