Why Choose an FHA Loan?
An FHA loan is usually one of the easiest mortgage loans to qualify for because it needs a low down payment and allows for less-than-perfect credit. You only need a 3.5% down payment for an FHA loan. If you can’t afford a traditional 20% down payment or can't get private mortgage insurance, an FHA loan might be a good option for you.
Our FHA Loan Rates Are Low & Our Process is Quick & Painless
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.
The FHA program was created in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing
market by making loans accessible and affordable.
We’re here to make the FHA home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our
FREE FHA Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.
The FHA Loan Process
Here’s how our home loan process works:
Complete our simple VA Loan
Qualifier Adjustable Rate Mortgage(ARM)
Receive options based on your unique criteria and scenario
Choose the offer that best fits your needs
Fixed Rates
Adjustable Rate Mortgage(ARM)
Conforming Loans
Jumbo & Super Jumbo Loans
FHA, VA, & USDA Loans
Terms from 5 to 30Years
PRIVACY POLICY | NMLS CONSUMER ACESS
NEXA MORTGAGE - Corporate Address: 2450 S Gilbert Rd Ste 210 Chandler, AZ 85286
Company Website: www.nexamortgage.com
Corporate NMLS#: 1660690 Company State License # AZMB-0944059
ALLEN LOSTETTER NMLS #1980156 - Licensed in OH
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