We're here to make getting homes with FHA loans as simple as possible for first-time homebuyers and those experienced with the process. We'll help you figure out what you can afford and get you pre-approved for the right FHA loan.
Buying a home is one of the biggest and most important decisions you will ever make. We understand that and want to make the process as easy as possible. Whether you are a first-time homebuyer or are experienced with the process, we're here to make your home buying journey a great one with an FHA loan backed by HUD.
Get pre-approved on your home loan. Knowing that your FHA mortgage and credit report are already approved will let you look for your new home with confidence. Also, a pre-approval lets the seller know that your offer is solid and that you're a serious buyer.
FHA insured home loans can be used for a variety of properties and purposes. Those who apply and qualify for FHA loans can purchase a home for up to four families, a condo or even a manufactured home on a permanent foundation.
There are approximately $290 billion in FHA loans projected for 2009. While indicators show conventional lending markets are still feeling the effects of the housing slump the FHA has taken a larger role in helping consumers get affordable home loans.
FHA reverse mortgages are for applicants who are at least 62 years old. FHA HECM rules state you must own the property outright or have a loan balance so low that the FHA reverse mortgage loan will pay off the outstanding amount.