FHA Loans in West Jordan Utah
FHA Loans in West Jordan, Utah. If you're thinking about buying a home in West Jordan, Utah then a Federal Housing Administration (FHA) Loan may be right for you.
If you:
- Have less than perfect credit.
- Want a low down payment.
- Think you don't qualify for a loan right now.
- Are looking to buy your fist home.
Then an FHA Loan is a great option for you! The FHA does not provide you the loan, rather it is your FHA-approved lender who provides the loan and the FHA simply backs it. This means your lender can offer you lower monthly payments and interest rates because of the backing of the FHA. If you'd like to know more about FHA Loans click here: portal.hud.gov.
Requirements for an FHA Loan aren't as strict as other home loans. FHA Loan Requirements:
- 3% Down Payment.
- Income Requirements are flexible.
- Your credit doesn't need to be great.
Another benefit of an FHA Loan is that it allows lenders to look at mortgages on a case-to-case basis to determine eligibility. FHA Loan requirements and eligibility are flexible, which allows people who think they can't qualify for a loan, get their dream West Jordan, Utah home. To see if you're eligible for an FHA loan, apply here: http://www.spencerstott.com/apply-now/.
My team and I (The Spencer Stott Lending Team) want to help you get approved for an FHA Loan and into your new home. We want to get you into your dream home as badly as you want to.
Visit our website at www.spencerstott.com to learn more about me and my team.