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Delivering a digital mortgage application for our online "Savvy" clients and industry referral partners.
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Buying and Refinancing is easy with our professionals' help.
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Our ProQuote.Mortgage app is available in app stores Now!
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We have licensed mortgage professionals near you!
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VA Purchase and Streamline Refinance Mortgages are hot right now!
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Communication among Clients, First Equity, and industry referral sources is seamless!
FHA mortgages remain a favorite among American consumers for many reasons. View FHA morgage basics below.
FHA Loans
Advantages include:
- Low down payment
- Lower interest rates are very common
- Low closing cost and reduced mortgage insurance premiums recently have made FHA more competitive with Conventional lending programs.
- Seller can pay closing cost and gift for down payment are allowed.
- Easy/more lenient credit score requirements.
- Better cash out options in refinancing for debt consolidation, etc.
We'll show you the least expensive product for your given situation... very quickly! FHA remains flexible offering 3.5 percent down loans often to a 580 credit score. They sometimes accept lower scores with a larger down payment or a stronger equity positions in a refinance transactions. Offer's much better "Cash-Out" refinance option at 85 percent Loan to Value vs 80 with conventional. Both go much higher on rate term refinances and purchase loans.
Get started with our point and click "No Obligation" Mortgage qualifier. Enter here:
About Us
We've been helping customers afford the home of their dreams since 1987. We would enjoy and appreciate helping you.
Company NMLS:
www.nmlsconsumeraccess.org
Rate are subject to change any business hour with market fluctuations. All loan approvals are conditional, not guaranteed, and subject to lender review of all information. Loan is conditionally approved when lender has issued approval in writing, but until all conditions are met, the loan cannot be funded. Specified rates may not be available for all borrowers. First Equity Home Loan, Inc. is an Equal Opportunity Mortgage Lender/Broker, licensed as a consumer lender in Alabama, NMLS #204559
Read Our Reviews
"Andy Boes from Landon Jackson Realty worked with me for 3 years to find a house through several zip codes and finally we were able to find the perfect house. He was great to work with, always on time to appointments, easy going, and courteous. I'd highly recommend using Andy!" Kjell Adams