Salt Lake City FHA Loans
Salt Lake City FHA Loans 100% FHA Loans in Salt Lake City, Utah Thinking about buying a home in Salt Lake City, Utah? Then a Federal Housing Administration(FHA)Loan may be right for you.
- Have less than perfect credit.
- Want a low down payment.
- Think you can't qualify for a loan.
- Are a first time home buyer.
Then an FHA Loan is an amazing option! 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 that, because of the lender has the backing of the FHA, your interest rates and monthly payments may be lower than other options. For more benefits of an FHA Loan go to: portal.hud.gov.
Requirements for an FHA Loan aren't as strict as other home loans. FHA Loan Requirements:
- About a 3% down payment.
- Income requirements aren't strict.
- Credit Expectations are reasonable.
FHA Loans allow lenders to look at each unique case individually to determine eligibility. People who think they don't qualify for a loan are pleasantly surprised when they are able to get their dream Salt Lake City home thanks to the flexible requirements of an FHA Loan.
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 Salt Lake City 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.