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 640 (no risk fees like conventional)
seller can pay the closing costs
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 through closing, with personal service not found with big banks.
Let us show you the benefits of FHA mortgage financing. I have over 17+ years in the mortgage industry, and over 12 years in FHA financing. Let me put my experience to work for you! Call or email for more information on FHA mortgages or other government mortgage programs.