FHA Loans

Purchase or Refinance using FHA or USDA Loans

FHA Loans

FHA home loans are mortgages insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a down payment of only 3.5% of the loan amount.  FHA loans are available for single family and multifamily homes.  These loans offer low minimum down payments, reasonable credit expectations, and flexible income requirements, making the loan perfect for the first time home buyer or the individual with non-conventional scenario.

What is a FHA Loan?

In 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home.

Benefits of a FHA Loan?

Ideal for the first-time homebuyers unable to make larger down payments, this loan only requires a 3.5% down payment and the rates are significantly lower because of the Government guarantee.  An FHA loan also has more lenient guidelines than a conventional loan, so this may be the perfect fit for those that may not qualify for a conventional loan.

FHA Loans vs. Conventional Home Loans?

The main difference between a FHA Loan and a Conventional Home Loan is that a FHA loan requires a lower down payment, and the credit qualifying criteria for a borrower is not as strict. This allows those without a credit history, or with minor credit problems to buy a home.

USDA Loans

The USDA Guaranteed Loan Program is a federal program offered through the United States Department of Agriculture. Rural Housing through the USDA program provides a number of homeownership opportunities to rural Americans, as well as programs for home renovation and repair. This is an excellent product and benefit for those individuals that qualify. Rural Housing also offers 100% financing opportunities for those who qualify.

Rural Housing loans are now easier to qualify and are a financially secure option for home financing regardless of your situation.Type your paragraph here.

There are several advantages to using USDA's Home Loan Program.

USDA 100% Financing
Low Monthly Mortgage Insurance(MI)with a USDA loan
Low USDA Mortgage Interest Rates
USDA Low Closing Costs
USDA Zero Down Payment.
Easy Credit Qualifying with USDA
Never a Pre-payment Penalty with USDA

Contact Us

Drop us a line!

Certified Capital Home Loans Inc

2906 E. Lake Hill Drive, Orange, CA 92867, us

844-510-2378 or 714 831 1315 or loans@certcaphomeloans.com