We are an approved FHA Lender in the Greater Austin Area
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA). They allow for the purchase of a primary residence with the minimal down payment of 3.5%, while still getting a low mortgage rate.
FHA also allows for the refinancing of a primary residence with approximately 96.5% financing.
FHA loans allow individuals who may not qualify for a conventional mortgage to obtain a loan, especially, but not necessarily, first time home buyers. These loans offer minimum down payment and reasonable credit expectations. But, the highest loan you can receive is currently $305,900 for a single family dwelling, so these loans are not for everyone.
Think this loan might be right for you? Please call or apply and let’s find out!
Equal Housing Lender
No statement on this website is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the house to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Terms of the loan may be subject to payment of points and fees by the applicant. NMLS# 3116