Realty Executives The Group
Let FHA Loans Help You. FHA loans have been helping people become homeowners since 1934. How do we do it? The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better deal.Low down payments Low closing costs Easy credit qualifying
Buying your first home? FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan. Available on 1-4 unit properties.Want a fixer-upper? FHA has a loan that allows you to buy a home, fix it up, and include all the costs in one loan. Or, if you own a home that you want to re-model or repair, you can refinance what you owe and add the cost of repairs - all in one loan.Financial help for seniors Are you 62 or older? Do you live in your home? Do you own it outright or have a low loan balance? If you can answer "yes" to all of these questions, then the FHA Reverse Mortgage might be right for you. It lets you convert a portion of your equity into cash.Want to make your home more energy efficient? You can include the costs of
energy improvements into an FHA Energy-Efficient Mortgage.How about manufactured housing and mobile homes? Yes, FHA has financing for mobile homes and factory-built housing. We have two loan products - one for those who own the land that the home is on and another for mobile homes that are - or will be - located in mobile home parks.
30 Year Fixed
15 Year Fixed
5/1 Treasury ARM
30 Year Fixed High Balance
5/1 Treasury ARM High Balance
FICO 550 - 10% Down Payment
FICO 600 - 3.5% Down Payment
30 Year Fix 3.625%
30 year High Balance 3.75%
15 Year Fix 3.375%
5 Year Arm - 3.375%
Upfront PMI 1.75%
Monthly PMI 0.85%
*rate changes daily, please call 630-290-3363 to get free estimates