AMEC offers the Federal Housing Administration (FHA) loan to assist borrowers who may need a low-down payment and flexible mortgage guidelines. The FHA loan is a great product that helps many people become homeowners. FHA loans are particularly designed to benefit first time home-buyer and buyers who do not have perfect credit or a large down-payment.
Down payment options from 3.5%.
Credit scores as low as 580 with debt-to-income limits.
Ability to choose fixed or adjustable mortgage rates.
Ideal for primary residences only.
If you are interested in an alternative to conventional financing, get in touch with your AMEC loan expert today to discuss if FHA loans are the right fit for you.