How is the FHA loan pricess started and what is needed?

FHA paves the way to home ownership. We Have been doing FHA since the 1930's! What you would need to do is take a look at your Credit Report to see if you qualify. FHA is relaxed when it comes to Credit Reports. All you need is a decent FICO with at least 12 months of tradeline history, hopefully with no derogatories. You must come in with at least 3.5% down and the money can be gifted to you. Nevertheless, that is the start, to pull your Credit and then qualify your income, then find that house! This process takes 10-15 minutes! Send me an email @ rconstantine@myhsoa.com for more info, my name is Rich. Hope this helps. RC

Heather, FHA loans are a good way to buy your first house if you plan on putting down a minimum deposit. But there are some disadvantages in getting a high loan to value loan. Please call me at 213-739-4332 to go over all the pros and cons to a FHA loan. Also I can share with you some unique ways to find your next dream home.