Explaining the FHA Mortgage

Posted by Bruce Swedal on Friday, February 26th, 2010 at 11:00am.

Metro Denver homebuyers have been utilizing FHA backed mortgages to fund their home purchases for decades.

Some of the benefits offered by FHA backed loans are low down payment options, reasonable costs, availability to less than perfect credit and assistance if ever there is difficulty in making the payments.

To be eligible for an FHA insured mortgage a borrower must plan to occupy the property as their principal residence, have a valid social security number, have a two year employment history, not be past due on any Federal debts and meet the flexible credit requirements.

To make the FHA backed mortgage easy to understand I find it useful to give clients a pamphlet with all the pertinent information. This informational flyer can be opened through the link below.

Open the pamphlet – FHA Improvements Benefit You – by clicking on the link.

I am always available for any questions you may have. If you are considering buying or selling metro Denver real estate, call now for experienced and professional assistance.

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Bruce Swedal
Licensed Colorado Realtor
Contact Me
Denver Real Estate

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