FHA Mortgage Rates in Millcreek Utah

Mortgage and Lending NMLS #: 134614

FHA Mortgage Rates in Millcreek Utah

FHA Mortgage Rates for Millcreek, Utah Buying a home in Millcreek, Utah? Then a Federal Housing Administration (FHA) Loan might just be the right choice for you.

If you:

- Have a credit score that isn't "perfect".

- Can't afford a huge down payment.

- Are worried that you can't qualify for a loan.

- Are a first time home buyer.

Then an FHA Loan is a great option for you! The FHA Loan is still granted to you by your lender, but it's backed by the FHA. In other words, the FHA isn't the one giving you your loan. This means your lender can offer you lower monthly payments and interest rates because of the backing of the FHA.

To determine your eligibility for an FHA Loan and find rates in Millcreek you can apply here: http://www.spencerstott.com/apply-now/.

Requirements for an FHA Loan are less strict than other home loans. FHA Loans Require:

- A 3% down payment.

- Income Requirements are much looser.

- Expectations for your credit score are reasonable.

Another benefit of an FHA Loan is that it allows lenders to look at mortgages on a case-to-case basis to determine eligibility. People who think they can't qualify for a loan, haven't tried FHA Loans. Their flexible requirements allow you to fund that Millcreek home.

Want to be relaxing on the couch in your beautiful Millcreek home? Well, The Spencer Stott Lending Team wants that for you, too. They can help you get approved for an FHA Loan and onto that couch. We want to help you on your way to living in your dream home.

For more information about how an FHA Loan works click here: portal.hud.gov. To learn more about us and how to contact us, please visit our website at www.spencerstott.com

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