FHA

Need a FHA Loan Closed Fast We close our FHA loans in less than 30 Days! imortgage has Unconditional Direct Endorsement Approval from the Federal Housing Administration. This designation as a Full Eagle FHA Lender means we can originate, fund, hold, service, purchase and sell FHA-backed mortgage loans. FHA Loan Features

• Down payments as low as 3.5%

• No first time homebuyer requirements

• Up to 6% seller Concessions

• Gift allowed for down payment and closing cost

• Non-occupant co-signers allowed

• Rehab and Remodel program (see FHA 230K tab above for details)

• 90 day flip waver we fund on homes purchased less than 90 days

• Only 2 years from discharge of Bankruptcy and 3 years form foreclosure to qualify for FHA financing

Important Information: Mortgage Insurance: FHA has split mortgage insurance Upfront Mortgage insurance (UFMIP) 1% of base loan amount (base loan amount is purchase price less down payment). Monthly Mortgage insurance (MMI) LTV <= 95% .85 LTV >95% .90 Maximum Loan Amount: Maximum base loan amount (base loan amount is purchase price less down payment). $346,250.00 in Maricopa and Pinal Counties Primary Residence Only: There are no restrictions regarding who can have a FHA loan. The only restriction is that you can only have one active FHA loan. Exceptions are granted for change in family status and relocation.