Benefits of FHA LOANS? - Lauren Stratton Realty

Benefits of FHA LOANS?

Federal Housing Administration (FHA) insured loans are made by private lending intuitions such as banks, savings & loans, or mortgage companies to eligible borrowers for the purchase of a home. FHA insured loans offer a number of benefits for both lender and borrowers. Since 1934, the program has insured over 35 million home mortgages.

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In addition to the favorable financial terms, FHA insured loans offer the following benefits:

  • Equal opportunity for all qualified borrowers
  • Required down payments as low as 3.5% of the purchase price
  • Ability to finance up front Mortgage Insurance Premium
  • Ability to finance the cost of repairing and / or improving a property in need of rehabilitation
  • Right to prepay without penalty
  • Credit Improvement in the qualifying process for some borrowers
  • Availability in all areas of the country
  • Default assistance and foreclosure prevention

Call me today to learn more about homeownership and what options you may have through the FHA program.

 

 

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Lauren Stratton

I'm an experienced licensed Triangle Realtor® and my knowledge of the local market, unsurpassed customer service, and eye for detail is what sets me apart. Call me today! 919.272.2629

Client Testimonials

Lauren was very attentive and seemed to handle everything with ease throughout the whole process. She went above and beyond several times for us, which we really appreciated. We're now enjoying our new home!

The Whitlocks

Lauren made the process entirely too easy. It was seamless. I would highly recommend her to anybody that I know that's even considering looking for a home because she catered to every single need that I had, and she is a sweetheart. Thank you, Lauren!

Jacob Monk

Lauren is an amazing REALTOR® and will be our go-to real estate professional if we need one again. All my family and friends will be sent to her! She was very detailed and knew a lot about the property and the surrounding area. Could not ask for a better agent! 

Douglas Kemp

Lauren was an excellent REALTOR® - we couldn't have made our purchase without her, and forever grateful for her help in finding our "forever home"!

Diane Kennedy

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