If you answered “yes” to any of these four questions, then an FHA Home Loan may be right for your particular needs! The easiest way to see if you qualify for an FHA home loan is to contact Forthright Funding.
In the wake of the 1930s’ National Mortgage Crisis, the FHA Home Loan program was created to help stimulate the economy, by making home loans more accessible and affordable.
The Federal Housing Administration (FHA) offers one of the following insured mortgage loans through prestigious lending institutions – such as Forthright Funding – to help people become homeowners.
The benefits of securing an FHA Home Loan are bountiful! First up is the benefit of low down payments – just 3.5% of the purchase price for qualified buyers.
Yet another benefit of this type of loan is that you can secure a lower interest rate and with interest rates currently at an all-time low, this is definitely worth taking advantage of.
Securing a home loan with the FHA has never been easier! If your credit is less than stellar, the FHA may still approve you. They approve far more purchase and refinance loans than any other lending fund.
Borrowers can additionally obtain an FHA Home Loan within 2 or 3 years after filing bankruptcy or foreclosure, while other available financing options may make you wait 4 to 7 years.
With an array of flexible repayment terms available with an FHA Home Loan, you can opt for a 15-year fixed rate mortgage or a 5-year adjustable rate mortgage.
For more information on these, or the many other benefits available to you with an FHA Home Loan or Refinance, please contact one of our FHA mortgage specialists at (855) 351-9522.
Discover The Difference
At Forthright, we will always treat you like a neighbor and not like a number. So, if you're ready to put down some roots or transplant the ones you have, please feel free to give us a call at
7047 E Greenway Pkwy
Scottsdale, AZ 85254
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