FHA Home Loan
If you have credit challenges, an FHA loan may be the right answer for you, especially if you have been through a foreclosure or bankruptcy. These loans usually have higher debt ratio allowances, which can make a difference when you have steady income but have debt from college loans, credit cards, etc.
This FHA insurance allows lenders such as Flat Branch to provide home loans with down payments as low as 3.5% of the purchase price. The less restrictive guidelines allow borrowers who may not qualify for a conventional loan to refinance and consolidate debts into a low, fixed-rate loan.
Fast & Easy Application Process
It is recommended to look for homes that cost no more than three to five times their annual household income.
Get all of the paperwork required to complete the purchase, including your loan documents.
The Mortgage App That Puts You In Control
