FHA LOAN
FHA Loans are a great option for first-time home buyers and low-to-moderate income buyers. The FHA Loan is a government-backed mortgage insured by the Federal Housing Administration (FHA), so borrowers can secure a reasonable interest rate with a lower down payment.
Lower Credit Score
Less than perfect credit allowed
Down Payment Requirements
Down Payment as low as 3.5% available
Mortgage Insurance
MIP paid through the Life of the Loan
Fixed Rate
15, 20, 25, and 30-year terms available
Adjustable Rate
5/1 terms available
FHA High Balance Fixed are available for homes in higher-cost areas
CMG Financial is approved by the Federal Housing Administration to issue FHA Loans
Lower Credit Score
Less than perfect credit allowed
Mortgage Insurance Premium
MIP paid throughout the Life of the Loan
Adjustable Rate
5/1 terms available
Down Payment Requirements
Down Payment as low as 3.5% available
Fixed Rate
15, 20, 25, and 30-year terms available
FHA High Balance Fixed are available for homes in higher-cost areas
CMG Financial is approved by the Federal Housing Administration to issue FHA Loans
GOVERNMENT
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel
GOVERNMENT
VA LOAN
100% financing for eligible Veterans, Reservists and Active Duty Personnel