FHA Direct Loans
Over the last few years we have been processing a lot more FHA loans than usual. In the past FHA was always reserved for first time home buyers, but now homeowners have accessing this government program for mortgage refinancing purposes as well. FHA accepts lower credit scores so these loans have become more appealing. Full income documentation is part of the bad credit mortgage programs with credit scores as low as 500.
With interest rates at record lows, FHA mortgage rates are still available between 4 and 5%. We don't have to tell you that interest rates this low will not last.
Compare a Wide Variety of FHA Loan Programs
The Mortgage Loan Outlet offers a variety of 100% financing solutions to meet your home loan needs. Talk to one of our loan agents today about getting approved for an affordable home purchase loan now while interest rates are so favorable.
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