FHA Loans
An FHA loan allows for the refinance or purchase of a home with a low down payment. It is a great option for the first-time homebuyer. There are qualifications and guidelines for participation in this program. There are no maximum income limitations, however there are loan limits and parameters are set by the Federal Housing Administration. Visit with us about the qualifications for this loan.
| Features | Benefits |
|---|---|
| Low down payments | Affordable |
| Loan servicing will be held by the initial investor and not re-sold | Convenient |
| Finance up to current secondary market guidelines | Low cost home purchase |
| Financing options available for energy efficient upgrades | Flexible |
| Creative financing options available to meet the needs of any budget | Flexible |
| Terms up to 30 years | Low payments |
| Escrow accounts set up for payment of taxes and insurance | Convenient |
| Apply for mortgage loans in person, by mail, or internet | Convenient |
