FHA Loan

FHA Loan:

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

FHA loans are an attractive option, especially for first-time homeowners:

Generally easier to qualify for than conventional loans.
Lower down payment requirements.
Cannot exceed statutory loan limits.

Learn more about FHA loans. (Department of Housing and Urban Development)

Apply for your FHA loan with our HUD-qualified lenders. (RATE QUOTE LINK)

3% or less down!
The government created the program in 1934 to encourage homeownership with low interest mortgages. The FHA home loan program is an excellent option for first time home buyers or anyone with minimal funds for a down payment.

FHA mortgage highlights.
• Low rates from EZZ Financial.
• Low down payment (less than 3% down in most cases)
• Gifted funds accepted for down payment
• Seller can contribute up to 6% of sales price
• No reserves required
• HUD-regulated closing costs, which eliminates the risk of unwarranted fees
• No lender fees
• Low mortgage insurance (Mortgage Insurance Premium or MIP)
• Approved condos welcome (no up-front mortgage insurance payment required!)
• No minimum credit score requirements
• Past bad credit not a problem. FHA underwriting guidelines are more liberal than those for most mortgages. Past bad credit does not automatically mean you can’t get a low interest mortgage
• Even bankruptcy may not interfere with an FHA home loan (if 2 years since discharge).

Open to all income levels.
Unlike many federal loan programs, FHA is not a low-income loan program. If your income puts you above the cut-off for other federal programs, you may still qualify for an FHA low interest mortgage. Government loan specialists at EZZ Financial will be happy to help you determine your eligibility.

Stop paying rent!
All it takes is one phone call. Ask for a government loan specialist to learn about our low interest mortgage rates, minimal down payment, low closing costs and quick turnaround time. Let us help you make homeownership a reality!

To learn more about the types of FHA loans that we offer, call one of our FHA approved loan officers at 888-EZZ-MTGS.