FHA Purchase Loan
With Credit Score as Low as 550
The Federal Housing Administration (FHA) has a number or purchase loan programs to help you become a home owner, and we can help find you the right loan program to suit your needs. There are lots of programs and options to choose from, but rest assured, that from start to finish, we know FHA and can get you the best loan for which you're qualified. Since we are experts in FHA loans, you can be sured that we can make the process as smooth and efficient as possible.
Credit scores as low as 550
Debt to income ratio up to 43%
Fixed rate, adjustable rate, and high balance loan options
Only 10% down payment
May be eligible for reduced wait times for bankruptcy and foreclosure
Up to a 3% rebate of loan size to pay for closing costs and prepaid items
* Programs available only to qualified borrowers. Programs subject to change without notice. ** Underwriting terms and conditions apply. Some restrictions may apply.
"Ability to Repay!"
// 1099 Only Program
// VOE Only Program
// P&L Only Program - Yes, NO BANK STATEMENTS
// Easy-to-Use Asset Depletion Program
Down to 500 FICO
No Seasoning on Down Payment
100% Gift Funds Allowed
30 Years Fully Amortized Loan - Not a Balloon program
Par Pricing Available
No Pre-Payment Penalty
1st time Home Buyers Welcome