Advantages of Indiana FHA Loan FHA loans, Indiana FHA Loan
Indiana FHA Mortgage Refinance, Indiana FHA Mortgage Questions, FHA Secure Program Indiana South Carolina Home buyer Financing , Indiana Mobile Home Loans , Indiana Luxury Home Loans FHA Mortgage Programs Have Many benefits for the Indiana Homeowners and Indiana Homebuyer
Welcome to the 1st Continental Mortgage FHA home loan program options. We're very excited that you've elected to give consideration to the very real and many benefits the FHA home loan has to offer the average homeowner and home buyer.
Did you know, the FHA home loan provides more security to homeowners than ANY other mortgage program today. In cases of financial difficulty, you have a higher probability of NOT losing your home if you have an FHA home loan Vs. having a conventional or Sub-Prime mortgage loan. Plus, all FHA home loans are FULLY assumable, adding one more layer of protection for you and your family!
Fill out a Quick Application Call us with any questions in regards to FHA financing at 954-391-8387
•· Low Down Payment of 3% and 100% financing options available.
•· 95% of Appraised Value Cash-Out Refinance
•· FHA Streamline Refinance
•· NO Income Maximum Limits
•· Gift Funds: 3% down payment can come from FRIEND, FAMILY MEMBER OR NON PROFIT
•· Seller CAN PAY UP TO 6% OF YOUR CLOSING COST!
•· NO Cash Reserves Required
•· Self Employed 1-2 Yrs OK
•· Permanent Alien OK
•· NO pre-payment penalty
•· FHA Secure
- Down payment less than 3% of Sales Price and 100% Financing options available
- Gift for down payment and closing costs are allowed up to 6% of Sales price
- No reserves or savings required.
- FHA PROGRAMS have Easy Credit Qualifying Guidelines For Indiana Buyers
- No minimum FICO score or credit score requirements
- FHA will allow a home purchase 2 years after a Bankruptcy.
- FHA will allow a home purchase 3 years after a Foreclosure.
More about FHA HOME LOANS visit http://www.fhahomeloanmortgage.com/fha_home_loan.shtml
http://FHAmortgagePrograms.com also known as 1st Continental Mortgage a, Indiana Mortgage company is dedicated to spreading the word about the benefits of the FHA mortgage programs. FHA loans are available to first time homebuyers and homebuyers intending to occupy the property as a primary residence. With the sub prime market in turmoil and many lenders tightening up guidelines many mortgage companies are going back to the basics. Not only is the FHA mortgage easy to qualify for but there are many advantages to the program that the Indiana homebuyer is unaware of.
FHA mortgages are less expensive and easier for the first time homebuyer to qualify for. The program was created to help to increase homeownership in the United States. FHA program makes buying a home easier and less expensive than other types of real estate mortgage Programs. Some examples include,
Federal Housing Administration is a government program overseen by Housing and Urban Development (HUD) to help low to moderate income to help Americans to obtain FHA mortgage loan on a 1-4 unit home.
Income Requirements for Indiana a FHA Mortgage Loan:
There is no minimum income requirement to obtain an FHA mortgage Insurance, however, FHA would like to see steady income for at least 2 years, and demonstrate a consistently payment history.
The FHA allows you to use 31% of your gross monthly income towards housing costs and 43% towards housing expenses reflected on your credit report. With a conventional loan the debt to income rations allows only 28% toward housing and 36% towards housing expenses and other debt. These requirements are not etched in stone and buyers can exceed these ratios if, you have a large down payment, have substantial cash reserves and other means to satisfy the mortgage payments.
In order to qualify for an FHA mortgage you must have a down payment of at least 3% of the purchase price of the home. These funds can come from a friend, family member or a non profit.
To Apply visit http://www.fhahomeloanmortgage.com/mortgage_application.shtml
For more questions on FHA home loans visit our frequently asked questions at
Proudly Serving These Communities:
Aiken | Anderson | Beaufort | Bennettsville | Charleston | Chester | Columbia | Conway
Dillon | Florence | Gaffney | Georgetown | Greenville | Greenwood | Hilton Head
Lancaster | Myrtle Beach | North Augusta | Newberry | North Charleston | North Myrtle Beach
Orangeburg | Seabrook | Seneca | Spartanburg | Sumter | Union | Walterboro
Proudly Serving These Counties:
Abbeville | Aiken | Allendale | Anderson | Bamberg | Barnwell | Beaufort | Berkeley | Calhoun
Charleston | Cherokee | Chester | Chesterfield | Clarendon | Colleton | Darlington | Dillon
Dorchester | Edgefield | Fairfield | Florence | Georgetown | Greenville | Greenwood | Hampton
Horry | Jasper | Kershaw | Lancaster | Laurens | Lee | Lexington | McCormick | Marion
Marlboro | Newberry | Oconee | Orangeburg | Pickens | Richland | Saluda | Spartanburg
Sumter | Union | Williamsburg | York
Other FHA Links listed below
FHA CONNECTION may be accessed by password only by registered lenders
FHA Frequently Asked Question
1st Continental Mortgage
FHA Frequently Asked Questions for Homebuyers
GOLDEN FEATHER REALTY
The contact to bid on HUD-acquired properties.
HUD SANTA ANA
HUD's SANTA ANA HOMEOWNERSHIP CENTER
HUD REFERENCE GUIDE (4155)
SANTA ANA HOC REFERENCE GUIDE
FHA underwriting guidelines
HUD HOME PAGE
United States Department of Housing and Urban Development (HUD) Home Page.
HUD LENDERS & SERVICERS Http://www.hud.gov/lenders1.html
FEDERAL MORTGAGE PROGRAM INFO: approved condos, loan limits, counseling centers, etc.
HOME BUYERS INFORMATION
Mortgage calculators, wish list, FHA programs, shopping for a home, building, rehab, ARM Handbook
FHA ON MOBILE HOMES
FHA on Mobile Home Information