Looking for FHA Loan?

An FHA loan is a mortgage loan that's insured by the Federal Housing Administration (FHA), which is a part of the U.S. Department of Housing and Urban Development (HUD). These loans are designed to help low-to-moderate-income borrowers who might have difficulty qualifying for a conventional mortgage loan.

 

An FHA loan is essentially a government-backed mortgage aimed at helping people buy homes with more flexible terms than traditional mortgages

​

Here we have a staff that will walk you through obtaining your FHA Eligibility Certificate and explain your options. At Fast Money For Flips we offer FHA Financing for qualified borrowers.

​

                                  Advantages of VA Loan

​

The guarantee FHA provides to lenders allows them to provide you with more favorable terms, including:

​

• Borrowers can qualify with as little as 3.5% down, making homeownership more accessible.

• FHA loans are more lenient with credit scores, allowing borrowers with lower scores to qualify.

• FHA loans typically allow for higher DTI ratios, accommodating borrowers with more debt relative to income.

• FHA loans can be transferred to a new buyer, offering potential benefits in a rising interest rate environment.

• Existing FHA borrowers can refinance more easily with lower documentation and costs.

• FHA loans can finance various property types, including single-family homes, condos, and multi-family homes, as long as it's the borrower's primary residence.

​

Loan Criteria