Federal Housing Administration Loan

FHA mortgage loans are loans offered through the Federal Housing Administration. Although they are referred to as FHA loans, they are regular mortgages that carry FHA mortgage insurance. These loans are beneficial to many people and have been used to put many home buyers into their first homes with less hassle, down payment, and closing costs. FHA currently offers fixed rates and adjustable rate loans. FHA allows buyers to put a minimum of 3 1/2% down. FHA loans offer more flexible qualifying guidelines, and in most cases, less closing costs than that of conventional loans.

If you are looking to purchase a home and have minimal resources, call now to find out if FHA will work for you. FHA mortgage loans are assumed to borrowers that qualify. Talk to a mortgage specialist about qualifications. Since Peoples Home Equity, Inc. has a Full Eagle status, we are authorized to underwrite for the government insurance. In other words, we do it in-house. This will assure you a more efficient process with better rates.

Jorge Rodriguez, Mortgage Adviser NMLS #263580 Peoples Home Equity, Inc. 1801 S Meyers Rd Suite 500, Oakbrook Terrace, IL 60181 Cell: (312)404-8957

jrodriguez@peopleshomeequity.com. Illinois Mortgage Licensee License # MB 0000303 NMLS# 179785. Indiana Department of Financial Institutions (DFI) License ID Number 11229. Peoples Home Equity, Inc. also does business as A&M Mortgage Group, Inc. in the State of Indiana State of Wisconsin - Department of Financial Institutions License #159BA. In the State of Illinois Mortgage Bankers are governed by: IL Department of Financial & Professional Regulation Division of Banking 100 W. Randolph Street, 9th Floor, Chicago, IL 60601 Phone: (312) 793-3000 Fax: (312) 793-7097 Web: http://www.idfpr.com/default. Toll Free Consumer Hot Line: (877)-793-3470 Webmaster Login

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