FHA Cash Out Refinance Loan
An FHA Loan is now the most popular loan for First Time Home Buyers
The FHA First Home Loan, backed by the Federal Housing Administration, is the original low-down payment mortgage for first-time home buyers.
An FHA First-Time Homebuyer Specialists help you with a FREE same day pre-approval, low down payment, and savings on everything from appliances to moving expenses.
FHA First Time Home Buyer (FTHB) offer a variety of programs to help potential homeowners navigate the home buying process. Partner agencies in each individual state provide education, mortgage loan programs and more assistance for families and individuals to find the right home.
Some of these features include:
- Lower Credit Scores
- Little (or No) Down-Payment Programs
- Gifts can be used for a Down-Payment
- No Income Limits
- ‘Good Neighbor Next Door’ Programs
The important step in purchasing a new home is to get an FHA Pre-Approval Letter for a home loan. The peace of mind that comes with knowing that your mortgage loan has been approved will allow you to shop for your new home with confidence. And when you are ready to make an offer, the fact that you have already been pre-approved for your loan amount will give the seller confidence in you as a buyer.
Security
FHA Specialist
Your information will be forwarded to an FHA Specialist (US Licensed by NMLS) based upon:
Individual State
Estimated Loan Amount
Your Estimated Credit (Fair, Good or Excellent)
Processing Times
Currently most applications are processed within 2 to 4 hours.
Your FHA Pre-Approval Letter is usually valid for up to 180 Days.
Receive your FHA Pre-Approval Letter
A FHA Pre-Approval Letter is a statement asserting that you are approved for a specific loan amount.
Pre-Approval Letter will be sent via secure Email and US Postal Service.
Most Real Estate Agents require this letter when attending an open house or making an appointment, so keep it in a safe place.
