FHA

Mortgage Resources

Featured Tools

Loan Info

Company Info

Other Services

Policy Statements

FHA Highlights

Gift for downpayment and closing costs allowed
No reserves required
FHA regulated closing costs
Seller can credit up to 6% of sales price towards buyers costs

Easier Credit Qualifying

No minimum FICO score or credit score requirments
FHA will allow a home purchase two years after a Bankruptcy
FHA will allow a home purchase three years after a Foreclosure.

Easier Debt Ratio & Job Requirement

Higher Debt Ratio's than other home loan programs
Less than two years on the job is allowed
Self-Employed individuals o.k.

Refinancing a Home using an FHA Loan

FHA mortgage refinancing offers benefits for current real estate home owners
who are seeking to complete a refinance mortgage of their existing real estate mortgage(s). An FHA mortgage refinance may also benefit you even if you do not currently have a FHA loan.

Some advantages of using a FHA for your mortgage refinance

Manufactured Homes allowed
Streamline Refinance for existing FHA loan
Zero cost refinance options available
Easier credit and income qualifications
Cash-Out Refinance for existing or new FHA mortgages
Cash-Out up to 95% of your properties value
Bill consolidation programs
Easier credit and income qualifications
FHA regulated closing costs
Rate and Term Mortgage Refinancing up to 97% of value of your home
No FICO score or credit score requirements
Competitive rates for borrowers with a Bankruptcy older than two years
Competitive rates for borrowers with a Foreclosure older than three years