• FHA Loan Programs

    We do not publish our rates online. They change daily and sometimes hourly. Please call us at the number above for a quote that is tailored for your specific loan. These loan program snapshots are for guidance ONLY, and are general in nature. They may or may not be available to you at the time of application and/or approval.

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  • Traditional FHA 30 Year Fixed

  • Purchase Transactions:

    Feature: Rate is fixed for the term of the loan

    Qualifications:

    • Credit scores as low as 550.
    • Maximum 50% debt to income ratio
    • Maximum loan to value: 97%
    • Maximum loan amount: 115% of the county loan limit. Ceiling is $726,525
    • Traditional income sources, ie. tax returns, W-2;s, etc.
    • Owner-occupied only.
    • Chapter 7 bankruptcy, must wait two years after discharge.
    • Chapter 13 bankruptcy, borrower may be in bankruptcy, with the approval of the court.
    • Prior foreclosure/short sale:  Waiting period is three years.
    • 1-4 units; manufactured homes (not mobile homes); condos (on approved list) and PUDs allowed.

    Refinance Transactions:

    Feature: Rate is fixed for the term of the loan

    Qualifications:

    • Credit scores as low as 550.
    • Maximum 50% debt to income ratio
    • Maximum loan to value: 97% (rate and term), 85% (cash out)
    • Maximum loan amount: 115% of the county loan limit. Ceiling is $726,525
    • Traditional income sources, ie. tax returns, W-2;s, etc.
    • Owner-occupied only.
    • Chapter 7 bankruptcy, must wait two years after discharge.
    • Chapter 13 bankruptcy, borrower may be in bankruptcy, with the approval of the court.
    • Prior foreclosure/short sale:  Waiting period is three years.
    • 1-4 units; manufactured homes (not mobile homes); condos (on approved list) and PUDs allowed.

  • Streamline Refinance

    Refinance Transactions:

    Feature: Lower your rate on your current FHA loan

    Qualifications:

    • Must have a current FHA loan
    • No appraisal required
    • No LTV requirements
    • No income qualifications
    • Credit report is pulled but is not used to qualify borrower
    • Owner-occupied, 1-4 units, 2nd homes, investments allowed (higher rates and fees may apply)

  • FHA Back to Work Program

    Purchase Transactions:

    Feature: Rate is fixed for the term of the loan

    Qualifications:

    • Credit scores as low as 550.
    • Maximum 50% debt to income ratio
    • Maximum loan to value: 97%
    • Maximum loan amount: 115% of the county loan limit. Ceiling is $726,525
    • Traditional income sources, ie. tax returns, W-2;s, etc.
    • Owner-occupied only.
    • Prior credit event (BK, foreclosure, etc.) waiting period is waived.  Must prove financial hardship and recovered from such.
    • Home counseling is required.
    • 1-4 units; manufactured homes (not mobile homes); condos (on approved list) and PUDs allowed.

    Refinance Transactions:

    Feature: Rate is fixed for the term of the loan

    Qualifications:

    • Credit scores as low as 550.
    • Maximum 50% debt to income ratio
    • Maximum loan to value: 97% (rate and term), 85% (cash out)
    • Maximum loan amount: 115% of the county loan limit. Ceiling is $726,525
    • Traditional income sources, ie. tax returns, W-2;s, etc.
    • Owner-occupied only.
    • Prior credit event (BK, foreclosure, etc.) waiting period is waived.  Must prove financial hardship and recovered from such.
    • Home counseling is required.
    • 1-4 units; manufactured homes (not mobile homes); condos (on approved list) and PUDs allowed.