A great government-backed loan for first-time homebuyers or those with higher debt-to-income ratios. FHA loans have flexible qualifications and only require a small down payment.
580 Min FICO
Max loan amount $331,760 (can vary per county)
FHA Mortgage Loan Limits website: https://entp.hud.gov/idapp/html/hicostlook.cfm
Minimum Required Investment (MRI) of at least 3.5 percent of the Adjusted Value.
1.75% UFMIP (Up Front Mortgage Insurance Premium)
.85% MIP (Monthly Insurance Premium)
Mitchell was fantastic and made the home buying experience a breeze! He was always quick to answer our questions and made everything as easy as possible. I would give him 10 stars if I could!
The whole process was smooth, even though my wife and I had never been through buying a house before. The team was easy to work with and made sure we knew what the next step was to get us through to the end.
As the headline says, Jerry Smith and his team made buying a house easy. From the first conversation with Jerry on the phone to finally meeting him at closing was pleasant. Jerry explained everything to me in an easy to understand manner. Jerry or a member of his team would send out a video whenever a milestone was met. Up until closing day I was able to “esign” most documents. Only on three occasions did I have to print and fax a document. I would recommend Jerry Smith to anyone.
Eric and Gina were awesome to work with. They were informative and patient during the mortgage process. I highly recommend getting your home with them.
The entire team is incredible and make all the process so simple. Thank you so much for your help.
I trust Shelby and his team at InterLinc Mortgage with any client referred to him. The systems that he has in place to keep everybody involved in the transaction up-to-date is terrific, but my favorite thing about Shelby Weston is that he is available. Real Estate is 24/7 and sometimes I need his expertise - not 9-5. Being local, Shelby understands every program available for financing and has a network of people in his corner. He is there to answer questions, and this helps me to get the offer written right the first time. In confidence, I recommend Shelby Weston to all of my agents. I know with him and his team on their side, they have a much greater opportunity for success. I can't even remember a closing that didn't happen ON TIME with a few days to spare. That makes my job so much easier - and my motto is "work smarter, not harder" - Shelby helps me do that.
I was very scared to start the loan process and had some issues in the beginning with my credit. Jerry walked me through the whole process how to raise my credit score in order to make it 100% that I would be approved for my loan. I was very surprised to see how helpful and patient him and his coworker were during the whole process. He made sure I was in contact with somebody the entire time if I had any questions or needed anything. I knew right away that I chose the right person when he was very upfront about what needed to be done and straight to the point - not beating around the bush. I highly recommend him to anyone looking!
The service was outstanding. They were patient. Encouraging, and very knowledgeable. We can't thank them enough for helping make our dream of owning a home come true.
I am a 2nd time buyer but this time I was purchasing alone. I did not think I could do this and was really nervous. With the help and guidance of Scott the process was stress free. Him and his team were very professional and I would recommend them.
Simply put...AMAZING! From the first moment, each member of this team greets you until after you close you know they have your back and will work with YOU in mind. They'll do everything they can and need to in order to get you through the process painlessly and efficiently. I have dealt with a couple of other lenders before and neither were as compassionate and welcoming as this team. I will definitely work with them again for any future purchases!
