FHA LOANS

FHA loans are home loans insured by the Federal Housing Administration. Because they are insured, they are lower risk loans for the lender which creates several benefits for you , the homebuyer. FHA loans require Upfront Mortgage Insurance of 1.75% which can be rolled into the loan. It also requires Monthly Mortgage Insurance.

Why choose an FHA loan?

FHA loans have a lot of benefits for the homebuyer. The biggest of these benefits is that you can make a much smaller down payment (as low as 3.5%). FHA loans have looser credit score requirements and are easier to qualify for than conventional home loans. They also have very competitive interest rates. All of these benefits result in lower rates for more borrowers.

We can provide the FHA loan you need.

417 Home Loans’ parent company, Flat Branch Home Loans, is a Full Eagle FHA lender that can underwrite FHA mortgages in Missouri and Kansas on behalf of the U.S. Department of Housing and Urban Development (HUD). What does this mean for you? It means your FHA loan will be processed and underwritten here in Missouri by the friendly staff at Flat Branch Home Loan. Flat Branch makes FHA mortgages easy while saving you money.

WE'D LOVE TO ANSWER ANY QUESTIONS YOU MAY HAVE!