FHA Loans

Federal Housing Administration Loans

Requirements:

• Down Payment: as little as 3%
• Loan Amount: Maximum Constraints
• Debt Ratio: 41%
• Terms: Long Term Financing Available
• Rate: Fixed

Borrower(s) will be required to pay for the following expenses:

• Appraisal of property
• Credit report on applicant(s)
• Termite Inspection
• Filing Fees
• Flood hazard certification
• Title ins., title opinions/abstracting fees
• Loan origination fees and discount points
• Inspection/surveying fees
• Guarantee fees

In order to increase the speed and efficiency of your application process, please provide the following at our initial meeting:

• Completed real estate loan applicatio
• Prior three year's tax returns
• Three of your most current pay receipts/stubs
• Signed purchase agreement, if applicable