FHA Financing
Why would I want to get an FHA loan?
- You can put as little as 3.5% down.
- Most of your closing costs and fees can tied into the loan.
- You are able to finance the upfront mortgage insurance premium into the mortgage.
- FHA has funds for fixer-uppers.
- 203(k) program helps you to include the cost of repairs and improvements in the loan.
- For details visit: http://www.hud.gov/offices/hsg/sfh/203k/sfh203kc.cfm
- Reverse mortgage for seniors is available with FHA
