FHA Home Mortgage Payson Utah
Payson, Utah FHA Loans FHA Loans in Payson, Utah Thinking about buying a home in Payson, Utah? Then a Federal Housing Administration(FHA)Loan may be right for you.
- Your credit score isn't perfect.
- Need to have a low down payment.
- Think you don't qualify for a loan right now.
- Are buying your first home.
Then one of the best options for you is an FHA Loan! An FHA Loan is not a loan to you from the FHA, rather it is a loan backed by the FHA and granted to you by your lender. Because your lender is backed by the FHA, your monthly payments and interest rates can be low. For more information about how an FHA Loan works click here: portal.hud.gov.
Requirements for an FHA Loan aren't as strict as other home loans. Requirements for an FHA Loan:
- About a 3% down payment.
- Income Requirements are flexible.
- Flexible credit expectations.
FHA Loans allow lenders to look at each unique case individually to determine eligibility. The loose requirements of an FHA Loan allow people who believe they can't get a loan to finally move into their dream Payson, Utah home. Want to see if you're eligible for an FHA Loan? Apply here: http://www.spencerstott.com/apply-now/.
The Spencer Stott Lending Team wants to help get you into your Payson, Utah home with the approval of an FHA loan. We will do whatever we can do get you into your dream home.
To learn more about us, please visit our website at www.spencerstott.com.