FHA Loans
FHA CERTIFIED
“Yes were still doing loans, and now FHA certified”….. Get out of your ARM now with a new FHA mortgage before it implodes!
FHA FACTS:
*credit score not considered
*no pre-payment penalty
*all kinds of special programs and down payment assistance
* no assets required
*can borrower 103% of the value of your home
*manufactured homes allowed( same as SFR’s)
*NEW FHA PURCHASE LOAN can borrow 100% with an newly approved FHA 2nd.* (purchase only, borrower can borrow @97.5% traditional FHA and this new @2nd covers the remaining balance up to 100%. Only in CA, *subject to approval but guidelines are in line with FHA)
FHA REQUIREMENTS:
*must show your income for 2 years(W-2 or self employed)
*no Bankruptcy allowed for the past two years(2)
*Mortgage pay history is flexible with new programs
*It must make sense to the bank….Is it a NO-Brainer?
*also FHA assistance to help with down payment is available. Call for details 714 552 1497
Contact us to assist you with your FHA loan.
*approved in 13 states and growing.