|
FHA LOANS
See also: Reverse Mortgages | VA Loans
FHA loans have been helping people become homeowners since 1934. How do we do it? The Federal Housing Administration (FHA) insures the loan, so your lender can offer you a better deal.
- Low down payments
- Low closing costs
- Easy credit qualifying
Let FHA Loans Help You
Buying your first home?
FHA might be just what you need. Your down payment can be as low as 3% of the purchase price, and most of your closing costs and fees can be included in the loan. Available on 1-4 unit properties.
Want a fixer-upper? 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 remodel or repair, you can refinance what you owe and add the cost of repairs – all in one loan.
Financial help 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 may be right for you. It lets you convert a portion of your equity into cash. Click here for more information.
Want to make your home more energy efficient? You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.
How about manufactured housing and mobile homes? Yes, FHA has financing for mobile homes and factory-built housing. We have two loan products – one for those who own the land that the home is on and another for mobile homes that are, or will be, located in mobile home parks.
Need help with your downpayment? State and local governments offer programs that can help. Let us help you find a program near you.
|
