FHA Loans

Federal Housing Administration (FHA) loans are insured by HUD (US Dept. of Housing) to be able to offer more affordable mortgage rates to lenders. FHA loans offer lower down payments and closing costs. There are also potential options for 100% loan financing and several grant programs that would provide FHA loan customers with financing for the down payment.

FHA loans are available to first-time home buyers, refinancers, and anyone purchasing property who doesn’t already have an existing FHA loan. ​This loan is also an option to individuals who have undergone bankruptcy or foreclosure. Unlike a conventional loan, the guidelines for debt ratio and job qualifications are more lenient.

What is an FHA Loan?

Individuals appreciate FHA loans’ more lenient term requirements and the more convenient application process.

FHA loans are easy to apply for, and you can discover within minutes if you qualify for the FHA Streamline Loan. Lower interest rates are a big draw that the FHA program has to offer.

The Top Benefits of an FHA Streamline Loan

  • Better loan terms
  • You do NOT need an appraisal on your home, even if you are upside-down
  • You do NOT need to verify your income or employment
  • Your credit score will NOT be pulled

How do I apply for an FHA Loan?

Contact our team today at (816)852-0889 to see if you pre-qualify for an FHA home loan or click the APPLY NOW button.