FHA Loan

Scared of being turned down by the lenders due to low credit ratings? Scared of losing your home ownership dream? Want a way out of it? Let us guide you all the way to a perfect home with FHA home loan plans.

If you are a new home-buyer looking to purchase home with the lowest possible down payment, you need best FHA Loan rates.  If your credit is not up to the level, or you want to refinance your current mortgage, we help you to find best FHA Loan Credit and most affordable FHA refinance options.

TAKE ADVANTAGE OF THE $8,000 TAX CREDIT FOR FIRST TIME HOME PURCHASES.

So what are you waiting for? Get started with your FHA Home Loan plan instantly!

The trend towards FHA loans is increasing day by day.  The primary reasons attached with FHA program are being the safety and the reliability. Because FHA loans are insured by the US Government, both the borrowers and the lenders find it a great loan because of the very competitive interest rates, high loan to value financing, flexible underwriting guidelines, and the protection it provides for both parties.

FHA Experts:

No matter what situation you’re in, our FHA home loan experts will assist you with the complete home loan process. Our specialists will guide you on how to make the most from your FHA loan with lower interest rates, less down payments, and huge savings!! We even conduct a personalized analysis of your financial position, and recommend you the kind of financing that will be the best for you.

Why Should You Get FHA Loan?

Because these loans are insured by the FHA (Federal Housing Administration), lenders offer you significantly lower and more affordable rates. No matter how much you are struggling in terms of bad credit, FHA can help you. Here are a few benefits FHA loans possess:

• FHA loans are great hope for low & mid-income families because of their low down payments, low closing costs, Low mortgage insurance, and special discounts for individuals.


• Very lenient credit score requirements.
  
• If you don’t meet the requirements of the standard loans (prime or subprime), it is entirely possible that you would be eligible for an FHA loan due to its easy terms and conditions.

Our FHA Loan Plan Is For You If:

• You’re buying home for the very first time.


• You need to refinance your home mortgage.


• Your credit situation does not favor high down payments.


• Your credit situation is poor.


• You’re an individual with big dreams - but a low income.


• You want minimum closing costs.


• You want to keep your home and avoid foreclosure.

FHA Purchase:

Once you have decided that an FHA loan is right for you and your family, here is how we’ll guide you at every step of the way:

Getting You Prepared

We make sure that your loan process turns out to be a good experience, and so we start with getting you organized with all your documents. We help you with compiling all your documents including your income documents, bank statements, tax returns, and other credit related documents. We ensure you are fully prepared before you start with the whole process. 

Selecting the right lender for you

Our mortgage consultant will take a full application from you and go over the available interest rates as well as the monies you will need to bring to settlement for the loan amount that qualified for and have selected.  In addition, we will help you find a REALTOR if you don't have one already picked out.

Once we successfully get you pre approved for the FHA loan, the next step is to find the most appropriate lender. Out of the many lenders, we choose a lender that offers you the loan with the most flexible interest rates, loan terms, and credit requirements. We will also pre approve for the mortgage so you can start shopping for your home right away.

Going to settlement

Once you and your family members have selected the home to buy and have a ratified sales contract, we will submit the loan application and the rest of the necessary documents to the lender for loan approval.  The loan will usually get approved within 10 to 15 business days and once it is approved, you will go to settlement.   Right after settlement, you and your family can MOVE IN immediately into your home. 

The main thing to remember is that WE will be working along side with you all through the entire home buying process.

FHA Refinance:

We believe that any change in your personal or financial life, or the change in mortgage loan market trends may want you to revise your loan process. Here is where we come in with our FHA Refinancing plans.

Our FHA loan mortgage refinance basically involves obtaining another mortgage to replace your present one, in a way that becomes more beneficial to you. The goals of our FHA refinance plan is to help you in reducing interest payments, change the loan term (shorter or longer) or transform to a fixed rate or adjustable rate mortgage.

When you are ready to refinance, All Financial Services can assist you with a home loan specifically customized to your needs!