Attention First-Time Homebuyers and Experienced Homebuyers Alike!

Are you looking to purchase a home but having trouble qualifying for a traditional mortgage? Consider the FHA loan program, a special type of mortgage designed to help borrowers like you achieve their homeownership goals.

With an FHA loan, you can enjoy benefits such as:

• Low down payments: With an FHA loan, you can put down as little as 3.5% of the purchase price, making it easier to become a homeowner.

• Relaxed credit requirements: FHA loans have more relaxed credit score requirements compared to conventional mortgages, so you may still qualify even if you have less-than-perfect credit.

• Limits on loan amount: FHA loans have limits on the amount you can borrow, depending on the location of the home. This can be helpful if you are purchasing a home in a more expensive housing market.

• Protection for lenders: FHA loans require borrowers to pay mortgage insurance premiums, which help protect the lender in case of default. This makes it easier for lenders to offer more flexible and affordable financing options to borrowers.

At Ormond Mortgage Group, we specialize in FHA loan programs and are dedicated to helping first-time homebuyers and low-to-moderate income borrowers achieve their homeownership dreams. As an experienced mortgage advisor, Ryan will work with you to find the best possible terms and rates for your mortgage, based on your unique financial situation.

To learn more about the FHA loan program and how it can benefit you, contact us today and schedule a consultation. We look forward to helping you finance the home of your dreams!