The Federal Housing Administration, generally known as "FHA", is the largest government insurer of mortgages in the world. A part of the United States Department of
Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily, manufactured homes and hospital loans made by FHA-approved
lenders throughout the United States and its territories. While borrowers must meet certain requirements established by FHA to qualify for the insurance, lenders bear less
risk because FHA will pay the lender if a homeowner defaults on his or her loan. FHA has insured over 37 million home mortgages and 47,205 multifamily project mortgages
since 1934. Currently, FHA has 6.1 million insured single-family mortgages and 13,000 insured multifamily projects in its portfolio. Clearly, FHA provides a huge economic
boost to the country in the form of home and community development, particularly in today's challenging financial climate.
FHA is a division under the US Department of Housing and Urban Development (HUD). It insures loans made by approved lenders to qualified borrowers. Approval may be
available for borrowers with mortgage lates, bankruptcy, past foreclosures, collections and judgments.
There are lots of good reasons to choose an FHA loan, especially if one or more of the following apply to you:
You're worried about your monthly payments going up
You're worried about foreclosure
You're worried about qualifying for a loan
You don't have perfect credit
You're a first-time home buyer
You don't have a lot of money to put down on a house
You want to keep your monthly payments as low as possible
You're worried about what will happen if you fall behind on your payments
If any of these things describe you, then an FHA loan may be right for you. Why? FHA-insured loans offer many benefits and protections that you won't find in other loans
including:
Lower cost: FHA loans have competitive interest rates because the Federal government insures the loans for lenders. Always compare an FHA loan with other loan types.
Smaller down payment: FHA loans have a low 3% down payment and the money can come from a family member, employer or charitable organization as a gift. Other loan
programs don't allow this.
Easier qualification: Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Less than perfect credit: You don't have to have perfect credit to get an FHA mortgage. In fact, even if you have had credit problems, such as a bankruptcy, it's easier for
you to qualify for an FHA loan than a conventional loan.
More protection to keep your home: The FHA has been around since 1934 and will continue to be here to protect you. Should you encounter hard times after buying your
home, the FHA has many options to help you keep you in your home and avoid foreclosure. property-whichever is longer.
For more information on FHA loans please visit http://www.hud.gov/buying/loans.cfm
FHA Home Loans FHA Home Purchase Loan FHA Purchase FHA Purchase Mortgage FHA Foreclosure Purchase New FHA Home Loan FHA New Home Mortgage New Home
Loan FHA Home Loan FHA Purchase Loan FHA Home Purchase FHA Purchase Lenders Direct FHA Lender Direct FHA Home Mortgage Lender FHA Home Loan FHA Home
Mortgage FHA Streamline Loans FHA Streamline Refinance FHA Streamline Refinancing
Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily, manufactured homes and hospital loans made by FHA-approved
lenders throughout the United States and its territories. While borrowers must meet certain requirements established by FHA to qualify for the insurance, lenders bear less
risk because FHA will pay the lender if a homeowner defaults on his or her loan. FHA has insured over 37 million home mortgages and 47,205 multifamily project mortgages
since 1934. Currently, FHA has 6.1 million insured single-family mortgages and 13,000 insured multifamily projects in its portfolio. Clearly, FHA provides a huge economic
boost to the country in the form of home and community development, particularly in today's challenging financial climate.
FHA is a division under the US Department of Housing and Urban Development (HUD). It insures loans made by approved lenders to qualified borrowers. Approval may be
available for borrowers with mortgage lates, bankruptcy, past foreclosures, collections and judgments.
There are lots of good reasons to choose an FHA loan, especially if one or more of the following apply to you:
You're worried about your monthly payments going up
You're worried about foreclosure
You're worried about qualifying for a loan
You don't have perfect credit
You're a first-time home buyer
You don't have a lot of money to put down on a house
You want to keep your monthly payments as low as possible
You're worried about what will happen if you fall behind on your payments
If any of these things describe you, then an FHA loan may be right for you. Why? FHA-insured loans offer many benefits and protections that you won't find in other loans
including:
Lower cost: FHA loans have competitive interest rates because the Federal government insures the loans for lenders. Always compare an FHA loan with other loan types.
Smaller down payment: FHA loans have a low 3% down payment and the money can come from a family member, employer or charitable organization as a gift. Other loan
programs don't allow this.
Easier qualification: Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Less than perfect credit: You don't have to have perfect credit to get an FHA mortgage. In fact, even if you have had credit problems, such as a bankruptcy, it's easier for
you to qualify for an FHA loan than a conventional loan.
More protection to keep your home: The FHA has been around since 1934 and will continue to be here to protect you. Should you encounter hard times after buying your
home, the FHA has many options to help you keep you in your home and avoid foreclosure. property-whichever is longer.
For more information on FHA loans please visit http://www.hud.gov/buying/loans.cfm
FHA Home Loans FHA Home Purchase Loan FHA Purchase FHA Purchase Mortgage FHA Foreclosure Purchase New FHA Home Loan FHA New Home Mortgage New Home
Loan FHA Home Loan FHA Purchase Loan FHA Home Purchase FHA Purchase Lenders Direct FHA Lender Direct FHA Home Mortgage Lender FHA Home Loan FHA Home
Mortgage FHA Streamline Loans FHA Streamline Refinance FHA Streamline Refinancing
Intercap Lending is a fully accredited direct mortgage bank approved by the
The U.S. Depertment of Housing and Urban Development. We have
been providing home loan assistance to FHA borrowers for over 30 years
with a highly qualified staff loan officers and underwriters with extensive
experience making FHA loans. Our process is fast and simple which saves
you time and money! Read what our customers are saying...
The U.S. Depertment of Housing and Urban Development. We have
been providing home loan assistance to FHA borrowers for over 30 years
with a highly qualified staff loan officers and underwriters with extensive
experience making FHA loans. Our process is fast and simple which saves
you time and money! Read what our customers are saying...
STREAMLINE HOME LOAN EXPERTS...
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VA
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Lender
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Why Choose Us?
FHA Home Loan Quick Facts:
| *This offer is being made by Intercap Lending which is not affiliated with your current lender nor is it an agency of the government. *This program is a 5/1 Adjustable Rate Mortgage (ARM) fixed for the first 60 months. Rates and terms effective 1/5/2011 and are subject to change. Actual rate is determined after receipt of completed application and prior to execution of loan documents. Payments are based on the initial rate, current index and margin and take into account initial, subsequent, and lifetime rate caps. This is a variable rate loan and actual payment amounts will vary annually after the fifth year based on changes in the associated index. Your payment may increase if interest rates increase after the fifth year. Payment will vary based on the specific terms of the loan, verification of information and credit. Rate subject to change, conditions and restrictions apply, not all applicants will qualify. Mailing information on this piece was obtained through public record.*Applies to rate and term refinance only ** Traditional VA refinance Licensed by the Department of Veteran Affairs Licensed by the California Department of Real Estate DRE# C3187102, Licensed by the New Mexico Financial Institutions Division # 01343, Licensed by Oklahoma Department of Consumer Credit # SL007081, Licensed by the State of Colorado Department of Law, Supervised Lender’s Branch License #991130-001 NMLS # 190465 Intercap Lending is a dba of Suburban Mortgage Company of New Mexico ~ 9401 Jeronimo, Suite 200 ~ Irvine, CA 92618 We specialize in VA home loans, VA Benefits, VA loan requirements offering the lowest VA home loan rates in the U.S.! Specializing in VA Streamline refinance, VA streamline, VA mortgage loans, VA home mortgage, VA loan eligibility, VA loan guidelines. |
| Intercap Lending/Suburban Mortgage Company of New Mexico ~ Main: (949) 208-6868 Fax: (949) 419-9815 ~ 15420 Laguna Canyon Road, Suite 100 ~ Irvine, California 92618 |
There are many factors to consider when applying for a government loan. Intercap Lending helps you assess your current financial situation so that you can obtain a
Federal Housing Administration (FHA) or Veteran’s Administration (VA) home loan to fund the home of your dreams. Here are some quick facts about FHA loans:
Lower cost
FHA loans have competitive interest rates because the Federal government insures the loans for lenders. Always compare an FHA loan with other loan types.
Smaller down payment
FHA loans have a low 3.5% down payment and the money can come from a family member, employer or charitable organization as a gift. Other loan programs don't allow this.
Easier qualification
Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Less than perfect credit
You don't have to have perfect credit to get an FHA mortgage. In fact, even if you have had credit problems, such as a bankruptcy, it's easier for you to qualify for an FHA
loan than a conventional loan.
FHA Streamline
If you are currently in an FHA loan HUD permits a streamline process with limited documentation required.
Federal Housing Administration (FHA) or Veteran’s Administration (VA) home loan to fund the home of your dreams. Here are some quick facts about FHA loans:
Lower cost
FHA loans have competitive interest rates because the Federal government insures the loans for lenders. Always compare an FHA loan with other loan types.
Smaller down payment
FHA loans have a low 3.5% down payment and the money can come from a family member, employer or charitable organization as a gift. Other loan programs don't allow this.
Easier qualification
Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Less than perfect credit
You don't have to have perfect credit to get an FHA mortgage. In fact, even if you have had credit problems, such as a bankruptcy, it's easier for you to qualify for an FHA
loan than a conventional loan.
FHA Streamline
If you are currently in an FHA loan HUD permits a streamline process with limited documentation required.
- No appraisal Required
- Previous BK's and foreclosures over 2 years old accepted
- No income documentation
- Cash out available
- Up to $35,000 in rehab money available
- Fast and simple process
Why FHA:
The Federal Housing Authority (FHA) has a special STREAMLINE
program that allows FHA homeowners to refinance their current FHA
loan with little documentation using today's historic low rates!
program that allows FHA homeowners to refinance their current FHA
loan with little documentation using today's historic low rates!
- Previous BK's over 2 years accepted
- Backed by the Federal Government
- Less than perfect credit accepted
- Limited Documentation Required
- Cash out available
- Easy quality with limited documentation
- No appraisal required
| TODAY'S LOW 30 YEAR FIXED RATE *3.875% APR 3.99% |
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