Choosing the best FHA Mortgage loan can give you a chance to own the home of your dreams. An FHA home loan is a government-subsidized loan that is not only popular with first time home buyers, but with buyers who have previously purchased a home. 

FHA mortgage loans are not particularly credit score driven, and because of this, they are very attractive for people with less than perfect credit. (There is a minimum credit score, however). With a small down payment and fantastic rates, it is easy to see why home buyers choose this option. 

If you are looking for an FHA Mortgage, you have come to the EXPERTS! - PierPoint Mortgage!

We offer FHA approved lender services. This type of loan is guaranteed by the Federal Housing Administration and provides you with several financing options. This is the loan type most commonly used by people who are purchasing their first home because it comes with fewer restrictions on qualifications. In fact, some borrowers may qualify for down payment assistance. We also offer FHA refinance products including low-documentation or streamline refinance options. 

Highlights 

  • Low down payment options available
  • Gift funds allowed for down payment
  • Flexible debt to income ratio requirements
  • Non-occupant borrowers allowed 
  • Thin or alternate credit allowed
  • PierPoint Mortgage offers a 3.5% and a 1.5% down payment option

Lower rates are often possible with FHA Loans and are available to all buyers who qualify. FHA Loans are underwritten through the standards established by the FHA and are fully insured by the Department of Housing and Urban Development (HUD).

FHA loans carry lower penalties if a borrower is more than 15 days late on a monthly payment.

There are no income limits with a HUD-FHA insured mortgage, so almost anyone can qualify, as long as they have a reasonably good credit history and can afford the monthly mortgage payments. 

You can also combine FHA mortgage programs with many first-time home buyer grants or down payment assistance programs. 

We have been helping people make this decision for more than a decade. We're ultimately dedicated to client satisfaction, and our goal is to ensure that attention to detail is applied in every case. 

Contact us for more information at 231-737-9911 Toll-Free 844-241-7720 visit our website www.pierpointmortgage.com  message us on or FACEBOOK

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