FHA Loans St Petersburg - Mortgage Lender - Jason Hunter

FHA Loans

FHA Loans

If you have credit challenges, an FHA loan may be the right answer for you, especially if you have been through a foreclosure or bankruptcy. These loans usually have higher debt ratio allowances, which can make a difference when you have steady income but have debt from college loans, credit cards, etc.

This FHA insurance allows lenders such as Fairway to provide home loans with down payments as low as 3.5% of the purchase price. The less restrictive guidelines allow borrowers who may not qualify for a conventional loan to refinance and consolidate debts into a low, fixed-rate loan.

As your local St Petersburg mortgage lenders, if you have any questions regarding FHA Loans, please contact us on 813.230.9428.

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