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After some time well spent, we can proudly say that we are FHA GURU’s. Sooo lets begin..

What is FHA?

The Federal Housing Administration. Although you probably are hearing more and more about FHA government loans it is NOT some new program. It has only been since the mortgage meltdown that FHA loan programs have risen to the top and are helping LOTS of people!!

Why FHA?

FHA doesn’t provide the money, they just provide the insurance on the money. Because of the declining housing market and increasing foreclosures/defaulting loans, mortagage insurance companies are becoming more and more strict about whose loans they insure and it’s coming back to bite YOU, the consumer, in the behind. FHA is the governments way of “coming to the rescue”.

Can you benefit from FHA?

Yes. There is a VERY VERY high possibility that a FHA government issued loan/refinance can help you get out of financial troubles.

Ford Financial as a mortgage company is adapting to these current changes. Now-a-days you have to put up your left leg and first born to the big bankers to get a decent interest rate on a loan. We know the “In’s and out’s” of the FHA loan programs.

The next few blogs will be all information about FHA so come back and learn a little will ya?

Realize how YOU can benefit.

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I pulled an article off of their site: The Benefits of using a Mortgage Broker over a Direct Lender.

Here are a few reasons they listed

1. The amount of time it takes.
Going bank to bank – lender to lender you will be filling forms out of the wazoo. (yes, I just said wazoo)

2. Time effectiveness
Our Mortgage Professionals gather a wide variety of loan programs, then we present the select few that are specific to your needs.

3. We have the connections.
We are constantly bombarded by lenders and banks telling us all about their new programs. We know who will approve your loan and who can get you the best rates.

If your interested in finding more about us and how we do business, Give us a call. We would love to become your personal mortgage banker.