FHA Government loan programs

FHA loans

What is a F.H.A Home Loan ??

An FHA loan is a federally insured loan guaranteed by the (FHA) Federal Housing Administration, which has been insuring mortgages since 1934 and is administered by (HUD) Housing and Urban Development.

FHA loans are very popular for all consumers with different credit types and offer many attractive features to borrowers. In today’s mortgage market FHA loans are being sought by borrowers with less than perfect credit and borrowers with great credit for many beneficial reasons.

Regional Home Mortgage has FHA mortgage specialist ready to approve you.

FHA loan highlights.

• Low closing costs.
• First time home buyer programs
• Only 3.5 % down payment
• Purchase loans and refinance loans available.
• Debt consolidation refinancing.
• Loan limits increased up to $ 729,750.
• Fixed rate mortgages available.
• Easy credit qualifying. Those with less-than-perfect credit are more easily approved for a loan. Even today prime borrowers are taking advantage. 
• FHA loans can offer a better interest rate.
• Buy a home that needs repairs with a FHA streamline (k) Rehab purchase loan & get money for the needed repairs at closing.

                  We can help, apply online and a mortgage expert with assist you. 

What’s required for eligibility??

• You must have a valid Social Security Number and be a legal resident of the United States.
• We need a completed loan application and income documentation.
• We need to verify whether you can qualify for the mortgage by checking your income, assets, credit history and debt ratios. This is not needed for a FHA streamline refinance. APPLY ONLINE AT www.FHA123.com