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FHA
| The Federal Housing Administration (FHA) has helped millions of people with their home ownership dreams for 70 years. |
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- Non-tr
aditional credit is acceptable.
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Low 3.5% down payment.
- Non-occupant, co-borrower is permitted.
- Expanded qualifying ratios.
- No prepayment penalties.
- Fully assumable.
- Default assistance.
- Lower premiums.
- Non-credit qualifying, streamline refinances.
- Availability: in all areas of the country, provided a
market existsor the property and the home meets HUD's minimum property standards.
- Versatility: may be used to purchase or refinance a new or existing one- to four-family home in urban and rural areas, including manufactured homes on permanent foundations.
- 15 or 30 year terms.
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| Creative solutions such as the streamline 203(k) "buy and repair" mortgage, 95% cash-out refinance, reverse mortgage (HECM) for seniors, and basic construction-permanent or manufactured homes insured financing options are available. |
Your Nevada and California FHA Specialist:
Dan Sherbondy Dan@TheDreamloan.com 702.326.7469 |
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Direct Access Lending 650 White Drive., Ste 200 Las Vegas, Nevada (License 405)
702.326.7469 DIRECT fax 702.583.7467 main 702.617.9900 (ask for Dan) MLD license 45649 |
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