If you’re trying to repair your credit or have limited funds for a downpayment, home ownership can still be a possibility with an FHA loan. Finance of America Mortgage provides opportunities for borrowers that previously could not qualify for a conventional. Backed by the Federal Housing Administration (FHA), there are options for borrowers without a credit score as well as flexible guideline requirements.
Borrowers with a bankruptcy or foreclosures in their credit history may still qualify.
Low credit score borrowers can still qualify for competitive rates to help keep monthly home ownership costs down.
Fixed rate terms stay the same through the life of the loan so monthly mortgage payments are predictable.
A FHA 203(K) loan rolls the home purchase and remodeling costs into one loan.
Sunrise Mortgage Group provides you with the tools you need to make the right borrowing decisions. These calculators may borrowers in determining different values in the loan process. Try to ensure the information you enter is as accurate as possible.
Together, we’ll find great mortgage solutions.
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