FHA Mortgages

Many of us have read about the changes in the mortgage industry. Traditional mortgages are more difficult to obtain and non-traditional mortgages have become virtually obsolete. As a result, we have seen a resurgence of mortgages insured by the Federal Housing Administration or FHA. The Financial Wellness Group can help you obtain an FHA mortgage at a low interest rate.

For additional information about this program, please click here or call 1-561-865-6882

FHA Benefits:

• FHA offers 3% down payment home loans
• FHA offers loan programs to purchase and refinance
• FHA allows all of your down payment to be a gift from a family member, relative, or non-profit organization
• FHA allows up to 6% of your closing costs to be paid by a home seller to minimize the money you need to complete you home purchase
• FHA does not require credit scores which are mandatory for Fannie Mae conventional loans
• FHA offers the most flexible down payment, credit, and income qualifying guidelines of all home loans
• FHA offers all types of loan programs, such as a fixed rate, adjustable rate, or a buy-down mortgage
• FHA will lend on most property types, such as a single family home, a duplex, a triplex, or a four-unit home

Click here to request free information!