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WHY ASK FOR AN FHA LOAN?
Easier to Qualify - Because FHA insures your mortgage, lenders are more willing to give loans with lower qualifying requirements so its easier for you to qualify.
Less than Perfect Credit - Even if you have had credit problems, such as bankruptcy, its easier for you to qualify for an FHA loan than a conventional loan.
Low Downpayment - We have a low 3.5% downpayment, and that money can come from a family member, employer or charitable organization. Other loans don't allow this.
Costs Less - Many times, FHA loans have competitive interest rates because the loans are insured by the Federal Government. Always compare an FHA loan with other loan types.
Help You Keep Your Home - The FHA has been around since 1934 and will continue to be here to protect you when the others walk away. Should you encounter hard-times after buying your home, FHA has many options to help keep you in your home and avoid foreclosure.
There is more to buying your home then the monthly house payment. Why not ask for an FHA loan that will help you buy your house and keep it too?
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Nathan Nelson, CA-DOC/NMLS# 247654 Cell. 925.623.1019. Fax. (866).868.9136. E-Mail. NaNelson@SummitFunding.net
Equal Housing Opportunity Lender. Rates and programs subject to change. CA Department of Corporations-916-324-6624. Licensed by CA Dept of Corporations #6072526, CA Dept of Real Estate #10220358, NV Mortgage Lending Division #46, HI Dept of Commerce and Consumer Affairs #1369, MI Dept of Energy, Labor & Economic Growth #FL-0016888 /SR-0016896, OR Division of Finance & Corporate Securities #ML-4896, TX Department of Savings & Mortgage Lending #79566, VA Bureau of Financial Institutions # MC-5238 & MLB -1624, WA Department of Financial Institutions #520-CL-51866, NC Commissioner of Banks #L-148970. The MLS search function is a service of a third party vendor, is offered as a convenience service only, and should not be construed an endorsement of any particular Real Estate company. The accuracy of all information, regardless of source, is not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Use of the MLS search is not to be construed as a commitment to lend.
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