FHA Loans in Bountiful Utah
100% FHA Loans in Bountiful, Utah 100% FHA Loans in Bountiful, Utah A Federal Housing Administration (FHA) Loan may be right for you if you're thinking about buying a home in Bountiful, Utah.
- Have less than perfect credit.
- Need to have a low down payment.
- Think you don't qualify for a loan right now.
- Are looking to buy your fist 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. 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.
And requirements are much less rigid than other home loans. FHA Loan Requirements:
- Only 3% Down!
- Income requirements aren't strict.
- Credit Expectations are reasonable.
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 Bountiful home.
Want 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.
To learn more about us, please visit our website at www.spencerstott.com.