FHA Loans

FHA is a Government insured loan that helps people buy and refinance real estate even when life has thrown you a curve ball. The Federal Housing Association is an insurance program that has been helping people become home owners since 1934, and was an instrumental component in increasing home building and purchasing after the great depression. Today, it is continuing to assist home buyers in financing a home for their families.

What are the benefits of an FHA Loan?

• Loans approved with credit scores as low as 600
• Great for first time home buyers
• You can buy a home with as little as 3.5% down and when combined with down payment assistance program, just 1% down
• All down payment funds and closing cost funds can be gifted from a family member

FHA Back to Work Program...Helping Home Buyers Hit Life’s Curve Ball out of the park!

• Only requires 12 months since conclusion of Foreclosure, short sale, deed in leiu of foreclosure and/or Bankruptcy.
• Just 3.5% down payment required
• Must document 20% reduction in income for 6 months and/or job loss that led to a qualifying event