FHA Home Loans

fha-home-loanLow Down Payments + Easier Qualification = Your Next Home!

FHA is just about the easiest loan to qualify for when buying or refinancing a home. It’s insured by the Federal government and offers relaxed underwriting guidelines allowing more people to qualify.

FHA for Home Buyers

Credit scores as low as 580.

  • 3.5% down buys you a home – can include gifts.
  • Seller can pay most of your closing costs – up to 6% of the purchase price.
  • Fixed rate loan terms of 15 and 30 years.
  • Adjustable Rate terms of 3 and 5 years.

If you already have a FHA loan you may qualify for a Streamline Refinance saving you time and money!

FHA for Refinancing

  • Refinance up to 97.75% for non-FHA existing loans.
  • Take up to 85% cash out of your home for any reason.

FHA Streamline Refinancing skips the appraisal and income verification process! Whether you’re buying a home or refinancing your existing one, FHA has some terrific loan features. Learn more

Advantage Lending Corp is a HUD approved lender and our home loan experts are licensed by both the State of Michigan and the Federal Government. Let our experts show you how a FHA home loan can benefit you.
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Call (248) 608-9120 to get your Mortgage rate today!