FHA Loans are Available!
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.
The FHA program was created in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing market by making loans accessible and affordable.
We’re here to make the FHA home loan process easier, with tools and knowledge that will help guide you along the way, starting with our FHA Loan Qualifier. We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.
Here’s how our FHA loan process works:
Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan a down payment of 3.5% is required. Borrowers who cannot afford a traditional down payment of 20% or are unable to receive approval for private mortgage insurance may consider an FHA loan.
Jumbo & Super Jumbo Loans
Terms of 15-, 20-, and 30- years are available for the fixed-rate products
"I highly recommend this firm if you plan on purchasing a home. From start to finish, the staff went above and beyond and well out of there way to ensure I was able to close. Even when one door closed, they found another that opened. I'm happy to have the opportunity to work with this firm and I WILL use them when I start purchasing investment properties."
"Phong and his team were really helpful throughout the process. The frequent emails kept us abreast on the progress of our loan. Phong and his team were always a few steps ahead of what the lenders could possibly ask for. Thank you for everything Phong and team!"