To clear the air about FHA Loans, I thought this information might be helpful. If you have any additional questions please call Nick and let him know Kim Olson says to take care of you.
FHA continues to be a great loan for all sorts of buyer types. Although it is true that FHA is friendly in regards to credit score, they also have wonderful rates and allow for a down payment of just 3%. Even borrowers with extremely high credit scores are flocking to FHA programs because again the rates are competitive and it allows for more cash in your pocket. For the most part FHA loans are fixed products with no pre-payment penalties.
Nick Maccarrone
Oxford Mortgage Corporation
303-221-9022 office
720-217-5953 cell
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