FHA LOANSWhen you are looking for a home loan, there are many types of loan options. FHA has loan programs for first time homebuyers, where their credit may be below a lenders guideline for conventional financing. FHA loans are desirable to lower income families, first time home buyers, borrowers with limited cash to close, and for borrowers with lower credit scores.

Highlights of Valley View Home Loans FHA Fixed Rate Loans

    • Lower down payment programs available, as low as 3.5% down
    • All funds for down payment and closing costs may come from Gift, such as from a relative
    • You can purchase or refinance any Owner Occupied Home from 1-4 units, including condo’s
    • People with limited income, can have a “non occupant” co borrower – use your family member income to qualify, but they do not need to occupy the home
    • Terms can be 15 or 30 years with fixed payments for the life of the loan
    •  Cash Out allowed up to 85% financing
    • FHA also allows current FHA mortgages to be refinanced through a miminal process called FHA Streamline. No income, assets or appraisals are required to benefit from FHA Streamline refinance.
    • We also can loan up to your county maximum loan limit, call for details on high balance FHA loans
    • Fico scores accepted as low as 620

Home Loans are the biggest financial investment for most Americans. Valley View Home Loans licensed mortgage originators can take the stress and pressure of the loan process, off your shoulders. We have streamlined our production and processing to minimize paperwork and fund your loan on time without last minute surprises. Click Apply Now to see how low your payment can be, or take a look at our 30yr Loans, Jumbo Loans, FHA Loans, Underwater Loans, Adjustable Rate Loans and Interest Only Loans.