How Do I Qualify?

Whether you're refinancing your existing mortgage, moving to a new home or purchasing your very first home, an FHA insured loan from FHA Home Mortgage Loans will let you fund your dream home with a low down payment and flexible guidelines. Because FHA loans use no income limits or credit scoring, many people who can afford the monthly mortgage payments and have reasonable credit will qualify!

To Qualify for an FHA Home Loan:

Provide credit background that shows you can meet your financial obligations.

Show the FHA underwriters that you make enough income to pay your monthly debt.

Maintain enough savings to make the down payment at the time of closing.

You must be able to pay the closing costs, which normally total 1-2% of the price of the home and come up with the 1.5% mortgage insurance premium the government requires for these unique home loans.

These costs include homeowner's insurance, attorney's fees, fees for a title search and title insurance, Private Mortgage Insurance if you are paying less than 20% down, and the loan origination fee.

Let us help you pre-qualify for a money-saving FHA loan today!