When purchasing a home, an FHA mortgage is an attractive option for anyone who qualifies for the program. The opportunity to come up with a lower down payment and the reduced/limited closing costs is a great benefit to any home buyer. These are just part of the deal you get with an FHA mortgage:
- Easy to Qualify for;
- Guaranteed by the government making you more attractive to FHA Lenders;
- Don’t require a large down payment;
- Low closing costs;
- Predictable monthly payments with fixed interest rates;
- Insured by the Federal government.
Every loan scenario for every borrower comes with its own set of circumstances. Working with a lender that has the experience that understands your unique situation is very important. Having the ability to assist you in finding the right mortgage loan that best fits your need is the most important decision you should take when choosing a lender in buying or refinancing a home.
TexasFHA.org is here to help you. Contact us by completing the simple form on this page or call us at 281-860-2533. We’d be happy to review your situation and let you know how an FHA mortgage loan benefits you.