FHA Mortgage Loans

In today's mortgage market, FHA mortgages are the answer for homebuyers with limited down payment and/or lower credit scores.

Benefits of FHA mortgages include:

• limited down payment (3.5% of the sales price)
• Scores down to 620
• seller can pay the closing costs
• lower monthly mortgage insurance
• down payment can be a gift
• non-occupying co-borrowers are allowed
• do not have to be a first-time buyer

At ENG Lending, we have been specializing in FHA mortgages for years. Our bank is well-experienced in processing these loans from start to closing, with personal service not found with big banks.