If you are looking for a fixed rate loan with high loan-to-value options up to 97.75% with more flexible credit and income qualifying criteria, then FHA may be one of your best choices.  The FHA program, by design, allows for smaller established credit profiles and also non-traditional credit where there has been no real establishment of credit.  We also offer this program for credit scores down to the 500 level with manual underwrites.  Rates, terms, and expanded program options, are highly correlated with credit scoring.  This is a terrific program for purchasing a new home or refinancing an existing one.  We also offer the new FHA Streamline, highlighted below, that will allow homeowners with existing FHA mortgages to inexpensively refinanc with minimal documentation and cost.

It's easy to understand why many people looking for a new home are turning to FHA insured loan programs. Because FHA Loans are insured by the Federal Housing Administration, homebuyers have an easier time qualifying for a mortgage. Those who typically benefit most by an FHA loan are first-time home buyers and those who have less than perfect credit and/or those that just need a bit more flexibility in qualifying over conventional loans.

The links to the right are articles aimed at helping you better understand FHA loans. With this information, you can make a more informed decision on whether these government insured loans are right for you and your family.