FHA Loans
Purchase a home with as little as 3.5% Down
An FHA Loan is a mortgage that is insured by the Federal Housing Administration (FHA). This type of loan is popular among first time home buyers. On FHA Loans, borrowers must pay mortgage insurance premiums, which protect the lender if a borrower defaults.
FHA Loans are great for buyers with lower downpayments and can be easier to qualify for than conventional loans
Benefits of FHA Loans:
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Low Down Payments
-
Less Strict Credit Score Requirements
-
Sellers may contribute up to 6% towards your closing fees
Let us help make your dreams come true. Call today.
FHA Loans
Purchase a home with as little as 3.5% Down
An FHA Loan is a mortgage that is insured by the Federal Housing Administration (FHA). This type of loan is popular among first time home buyers. On FHA Loans, borrowers must pay mortgage insurance premiums, which protect the lender if a borrower defaults.
FHA Loans are great for buyers with lower downpayments and can be easier to qualify for than conventional loans
Benefits of FHA Loans:
-
Low Down Payments
-
Less Strict Credit Score Requirements
-
Sellers may contribute up to 6% towards your closing fees
Let us help make your dreams come true. Call today.
Homes and Loans
EXPECT BETTER
Reverse Mortgage
Older Homeowners can convert home equity to cash using a Reverse Mortgage.
A Reverse Mortgage is very different from a traditional mortgage. It is a type of home equity loan that lenders reserve for older homeowners. This type of loan does not require monthly mortgage payments, but instead the full loan repayment takes place after the borrower moves out or passes away.
Benefits:
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Boosts Cash for Retired Homeowners
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You Continue to Own Your Home & Don’t Have to Move
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The Money you get from a Reverse Mortgage is not taxable
Reverse Mortgages are popular as a source for supplemental income for retired-homeowners, and have become a retirement planning tool for many homeowners.