FHA HOME LOANS
What is a FHA Home Loan?
An FHA loan is a federally insured loan guaranteed by the (FHA) Federal Housing Administration, which has been
insuring mortgages since 1934 and is administered by (HUD) Housing and Urban Development.
FHA loans are very popular for all consumers with different credit types and offer many attractive features to
borrowers. In today’s mortgage market, FHA loans are being sought by borrowers with less than perfect credit as well as borrowers with great
credit for many beneficial reasons.
FHA123.com has an FHA mortgage specialist waiting to approve you.
FHA LOAN HIGHLIGHTS
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Low closing costs. |
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Low down payments. Only 3.5 % down. |
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Purchase loans and refinance loans available. |
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Debt consolidation refinancing. |
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Loan limits increased up to $729,750 across the country. |
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Fixed rate mortgages available. |
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Easy credit qualifying. Those with less-than-perfect credit are more easily approved for a loan. Even today prime borrowers are taking
advantage. |
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FHA loans can offer a better interest rate. |
We can help. Apply
online
and a mortgage expert with assist you.
FHA123.com can assist you as easy as 1-2-3!
WHAT'S REQUIRED FOR ELIGIBILITY?
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You must have a valid Social Security Number and be a legal resident of the United States. |
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We need to verify whether you can qualify for the mortgage by checking your income, assets, credit history and debt ratios. This is not
needed for a FHA streamline refinance. |
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There is no minimum credit score required to qualify for an FHA loan; but your score once examined will help determine the interest rate
you may qualify for. |
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