dream house

Thinking about FHA Loan?

Get a FREE quote and see your options!

HubSpot Video

 

Why an FHA Loan?

Typically, an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment, and you can have less-than-perfect credit. An FHA down payment of 3.5% is required. Borrowers who cannot afford a traditional down payment of 20% or can’t get approved for private mortgage insurance should look into FHA loans.

What is an FHA Loan?

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. FHA home loans require lower minimum credit scores and down payments than many conventional loans.

Although the government insures the loans, they are offered by FHA-approved mortgage lenders.

 

Contact Us!
Services
About
    EstaR Mortgage BBB Business Review

    Copyright © 2022 EstaR Mortgage™ a DBA of Mutzig Management, Inc NMLS Consumer Access NMLS#1547521. Christopher A. Freck NMLS#241125, licensed by the California Bureau of Real Estate, BRE License #1454795, State of Oregon Division of Financial Regulation Mortgage Lending License & Washington State Dept of Financial Institutions, NMLS#241125. Mutzig Management, Inc. Licensed by the California Bureau of Real Estate, BRE License #2020370, State of Oregon Division of Financial Regulation Mortgage Lending License ML-5741 & Washington State Dept of Financial Institutions MB-1547521, NMLS#1547521.