Experienced FHA Loan Professionals
Deciding on an FHA Loan
Buying your first home? Looking for a home loan with low down payments and closing costs? An FHA loan may be right for you. At Attorneys Funding Group, we bring our expertise to the negotiating table to get the FHA loan that fits your particular needs.
What Sets FHA Loans Apart
FHA loans are insured by the government, specifically the Federal Housing Administration, and can be issued by any FHA approved lender in the U.S. This protects lenders from defaulted loans and makes it possible for them to offer prospective borrowers more competitively affordable interest rates on loans that may have been considered riskier before FHA loans were established.
Financial Benefits of FHA Loans
It also allows for low closing costs, smaller down payment requirements and more relaxed credit qualifying guidelines. FHA loans require at least a 3.5 percent down payment. In some cases, borrowers may use gift funds for 100 percent of their down payment amount, essentially allowing them to borrow the entire loan amount with no money down.
Monthly mortgage insurance is required for FHA loans, regardless of equity, as well as an upfront mortgage insurance premium in the amount of 1.75 percent of the loan amount.
Do You Qualify?
With Attorneys Funding Group in your corner, you can rest assured that we will do what we can to get you approved for an FHA loan. We take pride in being able to help families get into a home that they will enjoy for years to come.Depending on your location, we are able to help you throughout California in Roseville, Manteca, Chico and San Diego. We can also assist you in Las Vegas, Nevada, or Honolulu, Hawaii. Reach out today and begin your homeownership journey.