Why is it easier to qualify for FHA loans?
FHA loans have been helping homeowners since 1934. The Federal Housing Administration (FHA) insures your loan, so lenders like us can offer you a better deal with: • Low down payments • Low closing costs • Easy credit qualifying There are lots of reasons to ask for an FHA loan instead of taking a conventional or an expensive and risky sub-prime mortgage loan. Why not take advantage of the many benefits and protections that only come with FHA: Easier to Qualify – Because FHA insures your mortgage, lenders like us are more willing to give loans with lower qualifying requirements so its easier for you to qualify. Bad credit – Even if you have credit problems, such as bankruptcy, it’s easier for you to qualify for an FHA loan than a conventional loan. Costs Less – Many times, FHA loans have competitive interest rates because the loans are insured by the Federal Government. Always compare an FHA loan with other loan types and we can help you compare. Help You Keep Your Home – The FHA has be
