An Easier Loan to Qualify For
When compared to other loan types FHA loans are easier to qualify for. How? Here are some of the reasons;
- Low Down Payment…as low as 3.5%.
- Higher Debt-to-Income Ratios…as high as 55%.
- Lower FICO (Credit Score) requirements…as low as 640 FICO.
- Non-occupying co-borrowers (C0-signers)…to help qualify for debt to income ratios.
- Extremely Low Interest Rates..
- Loans as high as _____ (depending on the county you are purchasing in).
- No need to be a first time home buyer.
- Financing available on properties up to 4 units and we can use the rental income from the property to help you qualify.
- Our team specializes in the FHA 203K loan which allows you to include the cost of many upgrades into your loan. Learn more here.
PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.