Why Consider an FHA Loan?

• 3.5% down payment
• Qualified gifted funds are allowed
• Up to 6% seller paid closing cost
• Primary residence only
• DTI may exceed 50% on case by case basis
• No area restrictions
• No trade lines requirements
• Requires upfront and monthly mortgage insurance
• Maximum loan limits depend on county stipulations
• Additional Terms and Conditional will apply

We welcome your questions about Alabama FHA loans or any other home financing options. Give us a call today for a free quote and consultation.