fha loan overview

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Have you dreamed of owning a home but are worried about making the down payment? At

eLEND, we are proud to offer low money down FHA loans at competitively priced interest

rates. Backed by the Federal Housing Administration, FHA loans are one of the most

affordable home financing programs available. With low down payment requirements,

more lenient credit guidelines and the option of either 30 or 15 year terms, FHA loans from

eLEND could be a great option for any home buyer, but are especially popular among

borrowers on a budget.

FHA Mortgage Loan FeaturesFHA Mortgage Loan Features

• Low down payment, typically 3.5% of the home purchase price

• Choice of 30 year or 15 year terms

• Fixed interest rate for the entire loan

• Can be easier to qualify for compared to other conventional loans

• Competitively priced mortgage rates

FHA Refinancing Options

Rate and Term: Switch to a lower interest rate, change the length of

the loan term, or both.

CashCash Out Refinance: Refinance for more than what you owe on the

mortgage and get the difference in

cash. The money can be used for

whatever you like, including paying

off other debt.

FHA Streamline Refinance:ReducedReduced fees and a more

simplified process for homeowners

with an existing FHA loan.

Single-family homes, including houses,

townhomes and condos.

Mobile homes

Two- to four-unit multi-family homes

(as long as one unit is used as the borrower's primary residence)

FHA Loans from eLEND

Eligible PropertiesFHA Loans can be used for the following types of homes:

Low money down payments

FHA LOANS

For more information...Call 800-634-8616 or visit us online at elend.com for details on FHA Loans and a Free Rate Quote.

Lender NMLS: 2826

Trade/service marks are the property of American Financial Resources, Inc. Some products may not be available in all states. This is not a commitment to lend. All loans subject to credit approval. Licensing | Disclaimer

Call 800-634-8616 for quotes and consultations. For all other inquiries, please call our corporate office at 800-316-9508.Terms and Conditions may apply. Guidelines subject to change.