Cash out and debt consolidation financing available
What is an FHA Loan?
An FHA Loan is a government mortgage insured by the Federal
Housing Administration (FHA). FHA Loans offer borrowers relaxed
credit requirements and more flexible underwriting guidelines
than conventional loans. In additions to purchase loans, refinance
programs are available for FHA borrowers, non-FHA borrowers, and
homeowners interested cash-out options. Up to 85% of the home's
current value can be taken out in cash with a refinance.
Is an FHA Loan Right For You?
Situations in which an FHA loan makes sense:
To take advantage of flexible qualifications and credit requirements
When your down payment of home equity is less than 20% of the loan amount
To reduce monthly mortgage payments by refinancing an existing loan
To access home equity through a cash-out refinance option
Ready To Get Started?
It's easy to apply, just answer some basic question
about your personal finances and the home.
