Only 3.5% Cash Required with low Fixed and ARM rates!
Good Neighbor Next Door Program is
for teachers, policemen, firemen, and emergency medical responders
FHA Mortgage InsuranceFHA requires a mortgage insurance premium (MIP) for its home-buying programs. An up-front premium of 1.75% of the loan amount is paid at closing and can be financed into the mortgage amount.
FHA Single Family ProgramFHA's mortgage insurance programs help low- and moderate-income families become homeowners by lowering some of the costs of their mortgage loans.
FHA Streamline RefinanceFHA has permitted streamline refinances on insured mortgages since the early 1980's. The streamline refers only to the amount of documentation and underwriting that needs to be performed by the mortgage company, and does not mean that there are no costs involved in the transaction.
Down Payment GiftsThe down payment can be 100% gift funds. This is one of the key benefits to the FHA program.
FHA & Bankruptcy and ForeclosuresA credit report will be obtained on the borrower and any late payments, collections, judgments, foreclosures, bankruptcies, etc. must have a justifiable explanation in writing by the borrower.
Energy Efficient FHA MortgagesWhat is the purpose of this program?
Provides mortgage insurance for a person to purchase or refinance a principal residence and incorporate the cost of energy efficient improvements into the mortgage.
