FHAPURCHASE

WHO IS THE BEST

FHA LENDERFOR BUYING A HOME?

Simple. The lender with the lowest interest rate that

can get your unique loan scenario approved.

FHA loans are great when buyinga home for the following reasons:

very low interest rates

there aren’t any income limits

the qualifying guidelines are more relaxed than a traditional

conventional mortgage

seller can pay closing costs (up to 6% of sales price)

so your cash out of pocket stays low

gifts are allowed so you can get the money to close from a

friend or family member

there aren’t any prepayment penalties

Many lenders offer high interest rates onFHA loans in order to make more money

LENDERS ARE THE SAMENOT ALL

Many lenders are inexperienced with FHAloans and make errors or do not advocate

for your approval, or they have pickyunderwriters without a “can-do” attitude.

Many lenders have slow and rigid approvalsystems that take longer than necessary to

approve your loan.

Finding the Best FHA Lender

Click here to learn more

BestFHALender is a one-stop shop offering usefulinformation about FHA loans and enabling customersto shop for multiple lenders.

Information Provided byJustin Mchood

He is Americas Mortgage Commentatorand has been providing Mortgagecommentary for over 10 years

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