FHA Loan

FHA Loan

FHA loans

FHA loan programs are particularly beneficial to those buyers with less available cash for a down payment. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Some of the other benefits of FHA financing:
  • Only a 3.5 percent down payment is required.
  • Closing costs can be financed.
  • Lower monthly mortgage insurance premiums and, under certain conditions, automatic cancellation of the premium.
  • More flexible underwriting criteria than conventional loans
  • FHA limits the amount lenders can charge for some closing cost fees (e.g. the origination fee can be no more than 1% of mortgage).
  • Loans are assumable to qualified buyers.

Get In Contact With BUYorREFI Financial By Phone or Email.

Licensing

BUYorREFI Financial (NMLS 1838307)
(MB-10000724)
Rhett Laufenburger NMLS# 221295
6532 West Leiber Place
Glendale, AZ 85310

Contact Us

BUYorREFI Financial
14780 W Mountain View Blvd
Suite #206
Surprise, AZ 85374

Number:
(480) 225-6699

Hours:
MON-FRI 9AM - 5PM
SAT-SUN By Appointment only

This material is not from HUD or FHA and has not been approved by HUD or a government agency."  Remove the pictures of money from the home page as advertisements containing graphics of checks or currency are seen as unethical by NRMLA Ethics Advisory Opinion 2012-01. On the Reverse Mortgage page, edit the answer to "What restrictions apply to the cash I receive from a Reverse Mortgage," by adding an asterisk after non-taxable with the explanation to consult a tax professional.



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