FHA Loan
Prime Mortgage Solution
You agree to receive automated Transactional messages. Terms and Privacy Policy can be found at. You may receive up to 5 msgs/mo act-on.com/privacy-policy/. Txt and data rates may apply. Reply STOP to end or HELP for help.
Interested in an FHA Loan?
Lower Payments Better Life
An FHA-backed mortgage is an excellent option for first-time home buyers and those with less than a stellar credit report. Offering competitive interest rates.
Find out if an FHA loan is right for you.
- Loan specialist will guide you through loan process
- Decades of combined experience
- Multiple loan programs to fit your financing needs
- Prime mortgage solution
Who Is this loan for?
FHA loans are insured by the Federal Housing Authority, which shields your lender against loss if you default on your loan.
- First time home buyers
- Little savings for down payment
- Those with credit challenges
- Primary residence only
FHA LOAN FINANCING
- A minimum credit score of 500
- $1,089,300 is the maximum for an FHA loan in 2023
- Government backing allows for competitive interest rates on FHA loans
- Mortgage with a down payment as low as 3.5%
- Two years of W-2 statements typically required
- Less stringent credit and income requirements
What is a FHA Loan?
FHA loans are a type of mortgage loan that is insured by the Federal Housing Administration (FHA). The FHA is a U.S. government agency that provides insurance for lenders in case of borrower default. FHA loans are available to all types of borrowers, including first-time home buyers and those with less-than-perfect credit histories.
FHA loans typically have lower interest rates than conventional mortgages, and they require only a 3.5% down payment for those with a 580 credit score or higher. Loan terms can be as long as 30 years, making them an affordable option for homebuyers. If you’re interested in an FHA loan, contact a participating lender today.
Individualized Lending Solutions
When it comes to finding the right financing for a mortgage, choosing an individualized lending solution is key. Whether you are a business owner, recently retired, or are a first-time home buyer, our range of lending options can help ensure that you have the funds you need to purchase or refinance the property.
