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 $314,827 (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)
Did a great job informing me of what I wanted to do into getting a new home. I like everything and his team were go getters and all around impressive team players for me.
Cathy and her team are truly the best in the business. From the very beginning, Cathy and her team had me and my wife's best interests at heart throughout the mortgage process. She gave us a great interest rate, involved us in every step of the process, and was always available to answer any of our questions with the utmost expertise. With Cathy and her team, the closing was a breeze, and we could not recommend their services enough!
Eric and his team were amazing to work with and made the home buying process as painless as possible! My fiancé and I had no clue what we were doing as first time homebuyers and Eric and Gina answered all of our questions without hesitation and some of them multiple times!! I would highly recommend them for ANY situation that you find yourself in, lord knows we threw them some curveballs and they knocked every single one out of the park!!! Thank you guys so much for making this dream a reality!!
Emmett is amazing at what he does. He works very hard, puts you as his top priority, is patient and always provides assurance. He will advocate for you in every way possible. Thank you Emmett, you made it happen. We are so happy!
Marcos was the kind of problem solver that made my loan possible. I had a mixed-use property to buy with a residence and family business co-located. After a year of searching, Marcos was the only lender I talked to who thought creatively and approached the problem by telling me not just why I didn’t qualify, but exactly what I would need to do to qualify. His advice set me on the path to getting the deal done. After the business ran its course, I sold the property with a substantial uplift. Marcos helped make that happen too.
Jonathan helped me refinance one of my homes. Being self-employed makes borrowing a little tricky sometimes but he was able to help me get all of the documentation, etc. together and get it done!
I was referred to Eric after being turned down by my personal bank. He earned my trust by actually taking time to get to know me right off the bat. He worked around my busy schedule and was very patient with me. Gina was also a pleasure to work with helping me get together the information needed. The team works together very efficiently, the system they have is a well-oiled machine. I was a first time home buyer and had no idea how the process worked. He explained it and had great videos that guided me through the process. I can't say enough about Eric and the Zanotelli team, I would trust them with my closest friends and family. Give him a chance you won't regret it!
Jackie's speed and diligence unmatched. We were very blessed to have her work our deal. It was a time-crunched, unique situation and she worked non-stop to make it happen, all the while with a killer attitude of support, humor and availability. She's the best.
Bryan and Rory were great, so easy to work with and always available. I highly recommend Interlinc!Bryan and Rory were great, so easy to work with and always available. I highly recommend Interlinc!