Your Guide to Financing the American Dream

What is an FHA Loan?

An FHA loan is a mortgage loan that is insured by the U.S. government.  Since the government insures the mortgage loan, lenders will be more willing to give out loans with fewer requirements and stipulations.  With an FHA loan, the government doesn't actually give you the mortgage loan, the lender does.  Any money used to pay for the home will come from the lender, not the U.S. governement - the government simply insures the loan so that lenders feel safer about lending to certain people.  With governemnt insurance, lenders will give out more loans, since they know that if a borrower can't pay the loan, the governement will step in and cover it. 

Why get an FHA Loan?

There are several reasons to get an FHA loan.

• You may not qualify for conventional financing
• No credit score requirements
• Low down payment options
• Lower monthly mortgage insurance vs. conventional financing
• Down payment assistance
• No Income limits

As you can see, FHA loans meet the needs of a wide variety borrowers. 

Down Payment Assistance

Don't have money for the required 3% down payment. There are several ways you can solve this problem.  One of the ways is the NEHEMIAH PROGRAM.  The Nehemiah Program is one of the oldest and largest privately funded non-profit down payment assistance programs.  They will contribute up to 6% of the final sales price towards the buyers down payment and/or closing costs.  These funds do not have to be repaid.  Call or email TODAY for more details!! 

Experience homeownership "TODAY" with an FHA loan!!

Why put your dream of home ownership off any longer when the FHA can make it happen now? If you're ready to purchase a house, the FHA has home loan programs available to help cover the cost. Because these loans are insured by the FHA, lenders are able to offer you lower, more affordable rates. No matter what your unique situation may be, the FHA can help you.

    
From the comfort of your own home, you can find out how much house you prequalify for, apply online and begin to gather the documents you'll need to get your loan approved. It's that easy!