FHA MORTGAGE LOANS HAVE MINIMAL DOWN AND CLOSING FEES: 

  • Down payment only 3.5% of the purchase price. 
  • Gifts from family or Grants for down payment assistance and closing costs OK! 
  • Seller can credit buyers up to 6% of sales price towards buyers costs. 
  • No reserves or future payments in account required.
  • FHA regulated closing costs. 

FHA MORTGAGE LOANS ARE EASY TO QUALIFY FOR BECAUSE YOU CAN: 

  • Purchase a home 12 months after chapter 13 Bankruptcy.
  • Purchase a home 24 months after chapter 7 Bankruptcy.
  • FHA will allow a FHA mortgage 3 years after a Foreclosure.  
  • Credit approvals with 530 FICO score to 90% LTV.
  • No credit score and no trade line approvals.

FHA MORTGAGE LOANS ALLOW HIGHER DEBT TO INCOME & EASIER JOB QUALIFYING 

  • FHA allows higher debt ratio’s than any other home loan programs. 
  • Less than two years on the same job .
  • Self-employed buyers can also qualify for FHA

VA Loans Programs

  • Refinance up to 120% of your home’s value with VA loans
  • Buy a home without money down
  • Jumbo VA loans up to $1,500,000
  • 15-, 20-, and 30-year fixed rate loans and 5-year ARM loans
  • No monthly private mortgage insurance
  • VA Streamlines