I am a local mortgage broker and would be happy to help you get pre-qualified. FHA only rquires 3.5% down or depending on the home you find it may qualify for the $100.00 down program. We work with over 30 lenders to help you get the best possible financing. Our lenders will go as low as a 580 score on an FHA mortgage.
SMC carries an A+ Better Business Bureau Rating and we have worked in the community for over 15 years! Please call me at 630-478-2684, email or visit my website get started.
Please email me so we can set aside some time to get you prequalified or visit my website to complete the application http://www.smartmortgageinc.com.
I look forward to working with you!
Smart Mortgage Centers
email@example.com / http://www.smartmortgageinc.com
Minimum Down Payment for most FHA Lenders (depending on your unique qualifications and the property type) is 3.5%. In addition, most Lenders today require at least a 640 Credit Score for qualifying.
As to whether or not you are qualified, the best person to answer that for you is a Local Mortgage Banker. Mortgage Bankers are Direct Lenders; you'll find a much higher level of service and experience with a Mortgage Banker than with a regular bank. Be sure your Mortgage Banker has at least 15 years experience. Lending is difficult today, and experience truly makes the difference for homebuyers as they navigate the treacherous waters of the loan approval process.