Choosing the best FHA mortgage can give you a chance to own the home of your dreams. An FHA home loan is a government-subsidized loan that is not only popular with first time homebuyers, but with buyers who have already purchased a home before.
FHA mortgage loans are not particularly credit score driven and because of this, it is very attractive for people with not so perfect credit (there is a minimum credit score however). With a small down payment and fantastic rates, it is easy to see why home buyers choose this option.
If you are looking for a FHA Mortgage, you have come to the EXPERTS!
We are an FHA-approved lender. This loan type is guaranteed by the Federal Housing Administration and offers additional choices for financing. This is the loan type most commonly used by people who are purchasing their first Home because it comes with fewer restrictions on qualifications.
Down payment assistance is available to some home buyers. Also available through us: FHA refinance products, including low documentation or streamline refinance options.
Low down payment options available.
Gift funds allowed for down payment.
Flexible debt-to-income ratio requirements.
Non-occupant borrowers allowed.
Thin or alternate credit allowed.
Lower rates are often possible with FHA Loans and are available to all buyers who qualify. FHA Loans are underwritten through the standards established by the Federal Housing Administration and are fully insured by the Department of Housing and Urban Development (HUD). FHA loans carry lower penalties if a borrower is more than 15 days late on a monthly payment (4% vs. 5% on conforming). If you are able to make the monthly payments and have a reasonably good credit rating, you are a likely candidate for an HUD-FHA insured mortgage
It's also possible to incorporate FHA mortgage programs with many first time homebuyer grants or down payment assistance programs offered by other agencies.
Our highly experienced team has been helping people make this decision for more than a decade. We're ultimately dedicated to client satisfaction, and our goal is to ensure that attention to detail is applied in every case.
Our team loves meeting with clients on a personal basis, so that they can review your options with you to help ensure you'll get the best possible loan solution for your situation. Contact us for more information at (510) 655-2868
The services referred to herein are not available to persons located outside the state of California Loan approval is not guaranteed and is subject to lender review of information. Loan is only approved when lender has issued approval in writing. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. This licensee is performing acts for which a real estate license is required. C2 Financial is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS # 135622
This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS # 135622. Loan approval is not guaranteed and is subject to lender review of information. Loan is only approved when lender has issued approval in writing. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the state of California.
C2 Financial Corporation is approved to originate VA and FHA loans, and has the ability to broker such loans to VA and FHA approved lenders. C2 Financial Corporation is not acting on behalf of or at the direction of HUD/FHA or the VA.