http://www.goldstarfinancial.com Home of the #1 Loan Originator in the USA! Mon, 13 May 2013 12:52:43 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 http://www.goldstarfinancial.com/fha-advantage/?utm_source=rss&utm_medium=rss&utm_campaign=fha-advantage http://www.goldstarfinancial.com/fha-advantage/#comments Mon, 27 Feb 2012 16:56:26 +0000 admin http://www.goldstarfinancial.com/?p=852 FHA Advantage is our version of the stable and popular FHA Loan, created by the Federal Housing Administration. FHA loans require a small down payment and offer the most choices for refinancing, especially with cash out.

• FHA loans don’t have the same income and credit requirements as conventional loans. If you’ve been told your income or credit is too low for a conventional mortgage, take a look at FHA.
• You can refinance up to 97% of your home value; some of that can be cash back. Even if you’re in a conventional mortgage now, you can still refinance to an FHA loan. Use that cash to pay off debt that doesn’t offer a tax incentive.*
• Your down payment can be as low as 3% of the price of the home. Even better, the entire down payment can be a gift from a relative. Or, have up to 10% of your down payment funds contributed with Down Payment Assistance (DPA) through AmeriDream® and Nehemiah®.
• Seller concessions are still allowed, up to 6% of the selling price. Take advantage of the buyer’s market and still get the benefits of FHA’s low rates and secure monthly payments. You don’t have to give up one for the other!
• Our mortgage application and processing uses exclusive technology that cuts the headaches out of getting an FHA loan. We offer online document signing and expedited approvals.

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