Due to the recent problems in the subprime lending market, we are seeing a resurgence in FHA home loans as a valuable alternative for first time homebuyers and those with bad credit. Just as everyone has different financial needs, FHA mortgages are available in many different programs, and the lending professionals at Prim Lending work diligently to find the loan package that best suits your financial situation. From a conventional fixed rate mortgage to a conventional adjustable rate mortgage, or ARM, to a hybrid mortgage, we use our lending experience to get you into a loan with the most competitive interest rate available to you.
FHA home loans give us the opportunity to provide lower, more affordable interest rates to those with bad or no credit because the Federal Housing Authority insures the loan. Mortgages with such low interest rates do not just allow you the opportunity to own your own home, but also let you streamline your bills and consolidate your debt into one affordable monthly payment. PrimeLending analyzes your debt-to-income ratio in order to find a program that will lower your monthly bills and help you start to build, restore or enhance your credit score.
If you think that all of that credit card and other consumer debt is preventing you from purchasing a home, give PrimeLending a call at 1-866-LOAN-TIME and ask one of our lending professionals about FHA home loans. We can answer all of your real estate and FHA loan questions as well as grant you same day pre-approval on a home loan. With PrimeLending, you can be a homeowner faster than you think.
