Your Las Vegas Mortgage Company

Federal Housing Administration (FHA) Loans

FHA loans are an excellent source of financing for lower down payment loans combined with credit blemishes. FHA will allow as low as 3.5% down payment on purchase loans. The maximum loan amount differs in each county. Click here for access to current loan limits in your county.

  • Credit scores as low as 580 with as little as 3.5% down payment.
  • Two (2) years discharge date from bankruptcy
  • Four (4) years since foreclosure action
  • Assumable loans to qualified borrowers

Fixed Rate Term
30, 25, 20, 15, and 10-year terms.

The fixed rate loan is fully amortized over the term of the fixed rate period.

Adjustable Rate Terms
5/1, 3/1 – This loan is amortized over a 30-year term.

The initial fixed rate period may be either three years or five years. At the end of the fixed period, the interest rate will adjust annually, with a cap on how high and low the rate may adjust. There is a lifetime cap of 5% over the starting interest rate and an annual cap of 1% at each adjustment period.

The annual adjustment caps are lower on the FHA & VA adjustable-rate mortgage loans than most conforming and non-conforming loan programs.

Nationwide Multistate Licensing System #2349810

Colorado Mortgage Loan Originator License #100026264

California Department of Real Estate License #02162493