Is an FHA Loan Right For You?
Are you looking for an FHA Loan in the San Antonio area but not sure where to begin?
Then look no further – we are your FHA loan San Antonio experts and FHA financing is our specialty!
Whether you are just searching for more information about Federal Housing Administration (FHA) loans and how they work, looking to buy a new house, or needing to refinance out of an Adjustable Rate Mortgage, our experts at FHA Loan San Antonio are here to guide you in the right direction and answer all your questions.
FHA loans are a type of mortgage financing that is backed by the federal government that helps millions of people each year have the opportunity to be able to by a home without all the strict guidelines that you probably hear about these days.
FHA Loans are:
- Easier to Qualify For.
- Don’t Require a Huge Down Payment.
- Less-Than-Perfect Credit is ok
- Have Better Interest Rates!
Take advantage now and get a FREE, no hassle quote in under 60 seconds and see what you can qualify for!
Federal Housing Administration Loans, otherwise known as FHA, is a program that is run by the Department of Housing and Urban Development (HUD), and has helped millions of people realize the dream of home ownership in this ever changing mortgage environment. At FHA Loan San Antonio, we are here to help answer all your questions, whether you’ve bought a home before, or are a first time home-buyer and just don’t know where to begin.
The process of buying a home can be confusing to a lot of people, even those that have bought a home before – this is why you need an experienced mortgage lender that will lay out everything step-by-step and hold your hand throughout each stage:
- Pre-Approval. This is the first step you need to take in order to find out if you can buy.
- Processing. The next step is to collect all your documents and order the appraisal.
- Underwriting. Verifications are done at this stage to make sure that everything matches up with what is on your loan application.
- Closing. We will send closing documents to the title company and make sure you get the keys to your home!
FHA loans are not particularly credit score driven and because of this, it opens up the doors for millions of people with not so perfect credit so that they can be able to buy a home they can call their own. We truly understand that not every situation is “cookie-cutter” and that each individual person is different which is why we take a personalized approach to your mortgage needs.
Our mission is to help you do what it takes so you can have a place to call home here in the San Antonio area!
FHA Loans are also very popular among home-owners who were initially placed in a high interest rate sub-prime loans and looking to get out them by lowering their rate.
Programs such as the FHA Streamline Refinance program have helped millions of people save money on their mortgage and all without even requiring an appraisal! For those that have been hit by falling neighborhood home values, this tends to be a very good fit and allows you an opportunity to save some money each and every month with very little risk.
If you are looking to take advantage of this, we can help guide you in the right direction and provide you a variety of information so that you can start lowering your monthly payments and put you on a plan to start putting some of that money back in your pocket!