As an FHA mortgage lender, First World Mortgage provides an array of solutions for those seeking low down payment options. Our FHA loans cater to buyers with limited cash, less-than-perfect credit, or other elements that may obstruct conventional loan qualification.
FHA loans allow for reduced rates and nominal down payments. You can include renovations and repairs, and your installments generally fall below those of conventional mortgages. They are particularly beneficial for first-time homebuyers and those prioritizing affordability and adaptability.
Advantages of FHA 203k:
- With our FHA loans, contribute just 3.5% of the purchase price as your down payment.
- Experience lower interest rates and installments in comparison to conventional loans.
- Enjoy lenient qualification requirements with our FHA loan program.