FHA loans have more lenient lending guidelines and work well for borrowers who have very little down payment and/or less than perfect credit. FHA allows a borrower with a recent bankrupty or foreclosure to obtain a home loan earlier than they would if applying for Conventional financing.
FHA will lend on Condominiums, Townhomes, Single Family Residences and up to 4 unit properties.
As little as 3.5% Down Payment
Recent Bankruptcy or Foreclosure is OK
1-4 unit properties including condominiums and PUDs
203K Renovation loans
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NMLS #248170 | CA Department of Real Estate - Real Estate Broker - DRE #01109636