FHA & Conventional

FHA and Conventional Loans


✓ FHA program change:
    Effective January, 2017 the Federal Government has left the FHA mortgage
    insurance rate at .85%.
    > Example: With a $424,100 loan amount the insurance is $300 per month.
✓ FHA is still a perfect lending solution for those who cannot place a 10% down to
    avoid mortgage insurance (ask about how 80-10-10 loan can allow for 10%
    down without the need for mortgage insurance or the lender paid mortgage
    insurance program)

✓ Fannie Mae and Freddie Mac Conventional loans (loan amounts vary by county)
✓ USDA Farm loans
✓ American Indian loans
✓ Dr. loans
✓ Teacher loans

We can also provide the following Unique Loans:

• No tax return loans
• Non-resident loans for foreign national borrowers
• Private party bridge loans

Note that in order to facilitate any of the above loans, we can directly-fund or partner with Banks, Credit Unions, or Savings and Loans to make sure we secure the very best terms for the borrower and close real estate transactions on time.

Be sure to call (714) 349-7733 for details.