What is an FHA-Insured Loan?
FHA-Insured Loans offer many benefits and a level of security that you won’t find in other loans. While these loans are funded by C2 Financial Corp., the Federal Housing Administration (FHA) insures these mortgages so C2 Financial Corp. can offer you a better deal. With flexible qualification guidelines, these loans are particularly designed to benefit first-time homebuyers and buyers who don’t have perfect credit or a lot of money to put down.
A few common FHA-Insured Loans are:
What are the benefits of an FHA-Insured Loan?
FHA-Insured Loans offer the following features:
Who may benefit from an FHA-Insured Loan?
FHA-Insured Loans may be of particular benefit to buyers who:
For more information
Contact Lanny Clark Today to see if an FHA-Insured Loan is the right solution for you. We take pride in delivering value and savings to homebuyers across the United States. It would be a pleasure to help.
FHA Streamline Refinance
What is an FHA Streamline Refinance?
The two main features of this unique refinancing program are:
Other requirements for an FHA Streamline Refinance include the following:
What are the benefits of an FHA Streamline Refinance?
Who may benefit from an FHA Streamline Refinance?
Again, only those who are FHA-insured homeowners and who meet the other requirements outlined above are qualified for an FHA Streamline Refinance. Given that verification of income is not required, an FHA Streamline Refinance may be of particular benefit to those with lower incomes; however, the homeowner obviously must be able to pay the refinancing costs and make the monthly payments.
Paragraph
For more information
Contact Lanny Clark today to see if an FHA Streamline Refinance may be right for you. We take pride in delivering value and savings to homeowners across the United States. It would be a pleasure to help.
Visit the “Streamline Your FHA Mortgage” article at the website of the U.S. Department of Housing and Urban Development (HUD). Visit the Federal Reserve Board’s online publication, A Consumer’s Guide to Mortgage Refinancing at https://www.federalreserve.gov/pubs/refinancings/default.htm
1 If you currently have a non-FHA loan, you may consider refinancing with an FHA refinance loan, but this will not be an FHA Streamline Refinance. You’ll need to apply with the usual employment verification, credit check, debt ratio requirements, etc. C2 Financial Corp. can help you determine if this may be a beneficial option for you.