FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.   They also have some of the lowest interest rates available on the market.  In many instances they are more than 1/2 point lower than conventional interest rates.

FHA loans also allow borrowers with less than stellar credit scores to get a home loan.  Credit scores as low as 580 are approved in many cases.  They have a higher interest rate associated with them but you can get into a home and start building equity.

Licensing

NMLS#254396
Company NMLS#135622

Location

Contact Us

Dan Hunt with C2 Financial
10509 Vista Sorrento Pkwy
San Diego, CA 92121

Number:
(818) 974-2842

Hours:
MON-FRI 8AM - 5PM

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Call Today: (818) 974-2842