in South Carolina
How Can FHA
Help me Buy A Home
FHA insured mortgages offer many benefits and protections that only
come with FHA:
Qualify: Because FHA insures your mortgage, lenders may be
more willing to give you loan terms that make it easier for you to
You don't have to have a perfect credit score to get an FHA mortgage.
In fact, even if you have had credit problems, such as a bankruptcy,
it's easier for you to qualify for an FHA loan than a conventional loan.
FHA loans have a low 3.5% downpayment and that money can come from your personal savings, a
family member, employer or charitable organization as a gift. Other
loan programs don't allow this.
loans have competitive interest rates because the Federal government
insures the loans. Always compare an FHA loan with other loan types.
Keep Your Home:
The FHA has been around since 1934 and will continue to be here to
protect you. Should you encounter hard times after buying your home,
FHA has many options to help you keep you in your home and avoid
FHA does not provide direct financing nor does it set the interest
rates on the mortgages it insures. In order to initiate the
application process fill out an FHA
An FHA insured mortgage may be used to purchase or refinance a new or
existing 1-4 family home or a condominium unit.
What does FHA
have for you?
FHA might be just what you need. Your down payment can be as low as 3.5%
of the purchase price, and most of your closing costs and fees can be
included in the loan. Available on 1-4 unit properties.
FHA has a loan that allows you to buy a home, fix it up, and include
all the costs in one loan. Or, if you own a home that you want to
re-model or repair, you can refinance what you owe and add the cost of
repairs - all in one loan.
help for seniors
Are you 62 or older? Do you live in your home? Do you own it outright
or have a low loan balance? If you can answer "yes" to all of these
questions, then the FHA Reverse Mortgage might be right for you. It
lets you convert a portion of your equity into cash.
your home more energy efficient?
You can include the costs of energy improvements into an FHA
your FHA Loan
SCFHALoan.com is owned by a private company, not a government agency, that specializes in FHA mortgage loans.