1 / 1

Purpose Of An FHA Loan

FirstCommunityMortgage
Download Presentation

Purpose Of An FHA Loan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Purpose Of An FHA Loan Federal Housing Administration (FHA) Loan program is insured by the U.S. Department of Housing and Urban Development (HUD). The purpose of FHA Loans can be explained as below: Its primary purpose is to assist homebuyers who are unable to meet down payment or other eligibility requirements of conventional mortgage loans. 01 FHA Loans typically require a minimum of 3.5 percent down payment, depending upon the credit score of the applicant. 02 FHA Loans are disbursed in urban & rural areas for owner-occupied single-family homes. Investment properties can't be bought using FHA Loan. 03 04 Candidates with a high debt-to-income ratio are also eligible to apply for an FHA Loan program. 8522 Broadway St., Ste. 208 San Antonio, TX 78217 210-340-0404 10961 Gateway Blvd. West, Ste. 200 El Paso, TX 79935 915-843-2681 7348 W. Adams Ave., Ste. 200 Temple, TX 76502 254-771-0020 1320 N. Zaragoza Rd., Ste. 111 El Paso, TX 79936 915-858-1996 16165 North 83rd Ave., Ste. 200 Peoria, AZ 85382 201 E. Central Texas Expwy., Ste. 1600 Harker Heights, TX 76548 254-680-6155 480-752-3110 100 W. Central Texas Expwy., Ste. 300 Harker Heights, TX 76548 254-690-3765 www.fcmloans4u.com

More Related