FHA loans are private loans insured by the federal government. These loans are popular with borrowers who don't have enough funds to pay a traditional 20 percent down payment because they only require 3.5 percent down to qualify.
Those who choose these loans are required to pay mortgage insurance which slightly increases their monthly payments. Lenders who wish to offer these loans must be approved by the Department of Housing and Urban Development.
Please contact us today to find out if a FHA loan is right for you.
These materials are not from HUD, FHA, the USDA, or the VA. These materials were not approved by any government agency. They are independent of any government agency. We are not in any way affiliated with any organization listed or referenced within this website, including HUD/FHA/USDA/VA. The inclusion of various education, information, web links, or materials are not an endorsement of the Sender or any of its employees or business partners. For information directly from HUD/FHA, visit http://www.hudclips.com For information directly from the VA, visit http://www.benefits.va.gov/HOMELOANS/For information directly from the USDA, visithttp://www.usda.gov/wps/portal/usda/usdahome?navid=GRANTS_LOANS
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GDM Mortgage corp
2750 Taylor Ave, Suite 25 Orlando, FL 32806 NMLS: 1588221