FHA Loan
FHA Home Loans are popular among first-time homebuyers due to low down payment & credit requirements !
Insured by the Federal Housing Administration, FHA loans allow borrowers to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 with at least 10 percent down. FHA also insures FHA 203(k) loans, which allow borrowers to buy and fix up a home with the same low credit and down payment flexibility. Call Mpire Financial Today!
FHA benefits
Mpire LOVES FHA loans
- Minimum Down Payment 3.5%
- Credit Score of at least 580
- 100% of your down payment can be a gift
- Popular Choice among first-time home buyers
What is considered a gift?
When applying for an Mpire Fi FHA Loan, the gift for your down payment can come from any of the following: The Borrower's Relative An employee or labor union A close friend A charitable organization A governmental agency or public entity that has a program providing home ownership assistance.
Where can I apply for an FHA Loan?
The Mpire Yellow button at the top right!
