FHA LOAN BENEFITS:
An FHA Loan is a government mortgage insured by the Federal Housing Administration (FHA). FHA Loans offer borrowers relaxed credit requirements and more flexible underwriting guidelines than conventional loans. In additions to purchase loans, refinance programs are available for FHA borrowers, non-FHA borrowers, and homeowners interested cash-out options. Up to 85% of the home's current value can be taken out in cash with a refinance.
Situations in which an FHA loan makes sense:
“Melissa and Jane are a great team, answered all my questions and closed my loan in less than 30 days exceeding my goal."
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