FHA Loans

FHA Loans can only be issued by federally qualified lenders such as The Mortgage Warehouse

About the FHA Program

The FHA Loan is a federal assistance mortgage loan that is insured by the Federal Housing Administration. FHA loans have been around for decades but recently the federal government has made significant changes to the guidelines. These changes have made FHA loans very attractive compared to other loan programs.

Benefits

• Low fixed rates
• Can be used to purchase or refinance home
• Homeowners can borrow up to 97% of their homes appraised value when refinancing.
• FHA loans may be used to pay off existing mortgages, credit cards, vehicle loans, personal loans, and/or cash back for home improvements.
• FHA loans have no penalty for early payoff.
• Homeowners with less than perfect credit may qualify.

FHA Loans can only be issued by federally qualified lenders such as The Mortgage Warehouse. Our HUD/FHA License number is 22603-00004.