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. For more information on FHA Loans in Long Beach, Torrance, Anaheim, Culver city as well as the whole state of California. For more informatnio on FHA Loans or how to get pre-qualified click here!

What is an FHA Loan?

 

Advantages of FHA Loans

 

FHA Loan Eligibility

 

FHA Loan Limits

 

Mortgage Insurance Premiums (MIPs)

 

Work with a Reliable Mortgage Lender

If you are looking to purchase your first home, or already have a loan and want to save money with a refinance, Alex from PrimeLending can help!. For more information on FHA Loans in Long Beach, Torrance, Anaheim, Culver city as well as the whole state of California. For more informatnio on FHA Loans or how to get pre-qualified click here!