FHA Loan:

 

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

FHA loans are an attractive option, especially for first-time homeowners:

• Generally easier to qualify for than conventional loans.
• Lower down payment requirements.
• Cannot exceed statutory rate limits.
• No minimum fico score requirements
• Down Payment Assistance accepted
• Borrower can qualify with no credit scores (use alternate credit)
• 97.75% Loan to Value (2.25% Down Payment)
• Manufactured Homes OK

Advent Mortgage is a HUD approved FHA lender.  We specialize in difficult FHA loans.

For any questions or comments about FHA loans Click Here

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