FHA has been helping people become homeowners since 1934. First Equity Home Loan Inc. proudly offers these product to qualified Alabama borrowers.
Advantages include:
  • Low down payment options- 3.5 percent on purchase
  • Lower interest rates are very common
  • Low closing cost and reduced mortgage insurance premiums recently
  • Seller can pay closing cost and gift for down payment allowed (some restrictions apply)
  • In a refinance loan FHA will fund a Cash-out to 85 percent LTV- (only 80 with conventional)
  • Rate term refinancing to 97.75 percent appraised value could save you money.
We'll show you the least expensive product for your given situation very quickly. FHA remains flexible offering 3.5 percent down loans often to a 580 credit score. They sometimes accept lower scores with a larger down payment or stronger equity positions in refinance transactions.

To visit our FHA Purchase page for more information click below.
For attractive FHA Refinance Options-
FHA refi tool

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Alabama FHA Lender

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