FHA Loans in Millcreek Utah
100% FHA Loans in Millcreek, Utah. Millcreek, Utah FHA Loans Thinking about buying a home in Millcreek, Utah? Then a Federal Housing Administration(FHA)Loan may be right for you.
- Your credit score isn't perfect.
- Want a low down payment.
- Are worried that you can't qualify for a loan.
- Are a first time home buyer.
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. 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.
Qualifying for an FHA Loan is much easier than other home loans. Requirements for an FHA Loan:
- About a 3% down payment.
- Income requirements aren't strict.
- Your credit doesn't need to be great.
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 Millcreek, Utah 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 Millcreek, Utah home with the approval of an FHA loan. We want to help you on your way to living in your dream home.
Visit our website at www.spencerstott.com to learn more about me and my team.