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.
Seller Contributions: Up to 6% of sales price (toward closing costs prepaids)
Gift funds allowed
No first-time homebuyer requirements
Purchase and rehab financing available
Lower minimum down payment requirements
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)
I had an awesome first time home buying experience! They did an amazing job making every step simplified for me. Not having much or any experience in mortgage services I couldn't have asked for a more simplified experience! I would recommend to anyone.
From the start to the close, I knew what was going on and the plan for what’s next. This is excellent service. Thank you, Jackie. We will forever use you for our needs plus send you referrals. We trust you. Thanks again!
Jerry was an excellent lender to work with on the purchase of our first home! He was always professional and very informative with his emailed videos explaining every step of the process. He was also easy to get in touch with. He made our loan process as easy and smooth as possible all the way to closing. It has been a pleasure working with him. I would absolutely recommend this lender to anyone buying a home!
I loved everything about Cary. She is professional, but also down to earth. She and her brilliant team closed our loan in just 11 days for us to meet a deadline. Completely unheard of!! She was easy to communicate with and seemed to truly have our best at heart. One of the most genuine and precious people I have met. Give Cary a call, she won’t disappoint.
Jonathan was great to work with and I would highly recommend him to help anyone navigate through the complexities of the home loan process. Not only was he very knowledgeable and thorough in handling the paperwork, he also was very accommodating around my busy work schedule, which often meant correspondence outside of normal business hours. It’s clear that Jonathan cares about his clients and getting them into the home of their dreams.
Shannon was an incredible partner in my journey to buying my first home. My buying experience was complicated and drawn out due to the seller's side, but Shannon patiently helped me through understanding everything that was happening and took the time to answer my hundreds of questions. Purchasing a home is no joke, and I can't imagine doing it without having someone you can trust 100% to look out for you - Shannon was that valuable asset to me and I would recommend him and his staff to anyone who wants a solid team behind them when purchasing a home!
Sheryl and her team can work magic! I’m a real estate agent in FWB and Sheryl has closed two very difficult transactions for me this year. When everyone else said “no way” or wanted to charge very high rates, Sheryl said “yes” and she made it happen. She delivers what she promises and give so much extra. I trust her to do what she promises and more.
InterLinc made our purchase of a new home not only an easy process but painless as well. The entire staff was there to support us each step of the way. I think the thing I liked best was that even though they do this day after day they understood that this is not something the rest of us do very often. I even had one of the staff member ensure me that she had my back. What a nice feeling.
Rebecca and her team were amazing! Was a flawless transaction. Her communication and friendliness succeeds all expectations. Anyone needing a lender should reach out to Rebecca! Amazing!! ⭐️
Approval went so smoothly with this company. I would recommend them highly. Great people to work with!! 5 stars definitely!!