Best First Time Homebuyers Mortgage in Lee's Summit

If you're looking for the Best First Time Homebuyers Mortgage in Lee's Summit, look no further than the FHA home loan.  The FHA loan is a great way for people who can't afford the 20% down that a conventional loan requires to buy a home in such a wonderful place like Lee's Summit, MO. We really love working with first time home buyers and especially with people who want to live near the city we love and where our offices are! Darren Copeland has been doing FHA loans for over 10 years and is ready to help educate you and his team is ready to start helping you! 

What many people don't know about the FHA Home loan is that it's great for more than just first time homebuyers, it's also great for people are simply just short on cash when it comes to making a down payment.  With recent changes to the FHA home loan program make the downpayments as low as 3.5%!  So if you're purchasing a $100,000 that means your down payment would be $3,500 as opposed to $20,000 with a conventional loan, making this the Best First Time Homebuyers Mortgage in Lee's Summit.

The FHA Home Loan program has actually been around since the great depression.  It was developed in the 1930's to help the struggling economy begin to grow again by boosting the housing market, reducing unemployment and helping people who were suffering through the times be able to afford housing.  Since that day the FHA home loan has changed quite a bit but it's still essentially the same program with some minor adjustments to things such as PMI and a few requirements here and there (such as the 2012 requirement to pay off medical collections). 

  If you're ready to get pre-approved and find out if you qualify for the FHA Loan program, just click here or give us a call: 816-268-4025. As we said before if you're looking for the Best First Time Homebuyers Mortgage in Lee's Summit, the FHA home loan is right for you, we'd be happy to help you get on the road through the process of buying a new home.