Mortgage rates were mixed last week as the beginning of the week brought more bad economic data, while Thursday and Friday surprised with slightly better news. Meanwhile, Bernanke’s much-anticipated statement from Jackson Hole was more opt. . .
FHA home loans are insured by the Federal Housing Administration. Although FHA
mortgage rates may typically be higher than conventional loans, FHA mortgages offer many
advantages.
The Federal Housing Administration
(FHA) has been helping borrowers realize the American dream of affordable homeownership
since 1934. FHA financing advantages include:
Low Down Payment: as little as 3.5%
Flexible Credit Guidelines: generally easier to qualify than
with conventional home financing
Competitive Mortgage Rates
Down Payment Assistance: the down payment for your FHA loan can
come from a gift, and reserves are not an automatic requirement.
FHA is one of the few remaining programs that will allow up to 85% cash out on a
refinance and will lend in declining markets without an automatic reduction in loan-to-
value*.
We offer FHA financing on single & multi family (up to 4 unit) homes and condominiums.
Financing options include traditional fixed rate products, adjustable rate mortgages and
temporary interest rate buy-downs.
Best of all, your loan is insured by FHA which gives lenders greater flexibility with
our lending guidelines.
*Appraisal must support mortgage loan-to-value.
Live Customer Satisfaction Survey
Read what customers say about our level of service.
Posted: 09/02/10 12:51 PM
I found Tim Atkinson to be very responsive and prompt to my inquiries. I never felt there was a dumb question and your company made me feel I was a valued customer.
Posted: 09/02/10 11:33 AM
Our Mortgage Processor, John Bessel, is great. -Very knowledgeable and helped us to find just the right rate/term combination for our needs. John spoke with me at length about the different financing options, helping to identify the one that fit us best. He has been quick to respond to questions and followed up relative to our loan status regularly.
Posted: 09/02/10 10:34 AM
This type of service related industry I feel is successful only with a diect co. . .
