10. Low Fixed interest rates, fees and closing-costs.
9. Credit Score does not matter (payment history does).
8. Still can get 100% mortgage for a purchase.
7. Mortgage Loan Limits just increased.
6. Got 203(k) rehab? We do! Great mortgage when home improvements are needed
5. Make "sense" underwriting.
4. 95% LTV for cash out & over 97% for Rate and Term refinance mortgages
3. Low monthly mortgage insurance for high LTV clients.
2. Less paperwork and streamline apprasials standards than in the past.
1. NO PRE-PAYMENT PENALTY!
Folks, if you have not looked at FHA in the past you have plenty of reasons to look now. Most looked at FHA mortgages for first time buyers and bad credit mortgages. Now your "more seasoned" clients can take advantage of this program with their high LTV mortgages. Send me a email and I will send you a free guide to FHA loans (Currently my laptop is in the shop so it may be a couple of days)
Questions, comments, concerns? Just post them for quick answers and lets get on the road for more business.
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