What is the FHA?

Since 1934, the Federal Housing Administration (FHA) -- a government agency -- has been helping people experience the dream of home ownership.

How? Actually, the FHA doesn't lend money... they INSURE loans. FHA has made homeownership a reality for over 34 million million Americans!

In doing so, the FHA protects these approved lenders, which in turn, enables them to offer lower interest rates and more affordable monthly payments to the homeowner.

Why an FHA loan?

For starters, conventional loans generally require a larger down- payment than FHA loans.

By allowing buyers to finance up to 97% of the price of their home, FHA loans often make home ownership more possible... for more people.

With lower interest rates, lower monthly payments, and a smaller down-payment, FHA loans often allow people to afford more in a home.

Below are just a few more reasons an FHA loan will work for you..

• No minimum credit score.
• Non-traditional credit is acceptable.
• Low 3% down payment.
• Non-occupant, co-borrower is permitted. (Cosigners Allowed)
• Expanded qualifying ratios.
• No prepayment penalties.
• Fully assumable.
• Default assistance.
• Lower mortgage insurance premiums.
• Non-credit qualifying, streamline refinances.
• Availability: in all areas of the country, provided a market exists for the property and the home meets HUD's minimum property standards.
• Versatility: may be used to purchase or refinance a new or existing one- to four-family home in urban and rural areas, including manufactured homes on permanent foundations.
• Adaptability: typically offered at terms of 15 or 30 years.
• Negotiability: interest rates are negotiated between the borrower and lender.
• Works well with state and local agency products

Where can you get an FHA loan?

Only FHA Approved lenders can offer these loans.

Firefighter Loans Network/Integrity Financial Group Inc. is a fully approved FHA lender and can answer your questions and help you apply. Call 1-866-768-9555 now to speak with one of our FHA mortgage & refinance specialists!

Apply Online-Its Easy!  Click Here To Apply Now

CALL OR EMAIL TODAY!

dean@firefighterloans.net

Dean Springer, Founder/Broker

Firefighter Loans Network

Integrity Financial Group Inc.

An Approved FHA/VA Lender

Phone (760) 327-4207 (24 Hours)

Toll Free 1-866-768-9555

Cell (760) 275-2962

Fax(760) 327-4281