FHA-Loan is a mortgage insured by the Federal Housing Administration - which is part of HUD.
- Low Down Payment - Only 3.5% of Sales Price
- Low Closing Costs
- Mortgage Insurance
- Easy Credit Qualifying
- 3.5% Do
- Renovation Loan Available (203K)
FHA-Reverse-Loan is a loan program that enables you to withdraw some of the equity of your home. Many Seniors use it to supplement Social Security, meet unexpected medical expenses, make home improvements and more.
- 62 Years of Age or Older
- Own your home outright or provide high down payment
- Able to pay for ongoing property taxes and insurance
- Must live and occupy the home