MortgagePRO

"Two Different Lending Teams Because,

When it comes to Mortgages One size Doesn't fit all." 

PRIME MortgagePRO

Up to The Hour Rates from The TOP 100 NATIONAL Mortgage Lenders

BAD CREDIT MortgagePRO  

Credit Problems,Bankruptcy,foreclosure,Repossesion,charged Off accounts,etc.

Approval by Phone in 5 Minutes.

Call Jerry Vinett

1-888-503-8903

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National Mortgage Rates

TENNESSEE MORTGAGE RATES AND PROGRAMS

Nashville-Lebanon-Murfreesboro-La Vergne-Smyrna-Hendersonville- Gallatin- Cookeville- Smithville-Carthage-Goodlettsville-Portland-Brentwood-Franklin-Columbia-Spring Hill-Jamestown-Woodbury-Mt. Juliet-Hermitage-Old Hickory-Madison-Shelbyville-Dickson-Manchester-Zero-down-mortgage-home-loans-First Time Home Buyer-mortgage-First time buyer-zero down programs-interest-only-no money down-15-30-40-50-fixed rate-100% mortgage-100-adjustable rate-NO-DOC-stated-income-self employed-after bankruptcy-after foreclosure-Bad-Credit-Bad credit-FHA-VA-Jumbo Loan-Jumbo-mortgage-loansMcMinnville-Sparta-Springfield-Baxter-Crossville-Hartsville-Gainesboro-Columbia-Lewisburg-Lynchburg-Livingston-Fayetteville-Pulaski-Hohenwald-Chattanooga-Hixson-Red Bank-East Ridge-Lookout Mountain-Signal Mountain-Soddy Daisy-Knoxville-Maryville-Alcoa-Farragut-Oak Ridge-La Follett-Memphis-Atoka-Bartlett-Cordova-Collierville-Germantown-Millington-Dyersburg-Jackson-Bolivar-Humboldt-Selmer-Lafayette-Dayton-Winchester-Woodbury-TN-Tennessee-Zero-down-mortgage-home-loans-First Time Home Buyer-mortgage-First time buyer-zero down programs-interest-only-no money down-15-30-40-50-fixed rate-100% mortgage-100-adjustable rate-NO-DOC-stated-income-self employed-after bankruptcy-after foreclosure-Bad-Credit-Bad credit-FHA-VA-Jumbo Loan-Jumbo-mortgage-loans

INDIANA MORTGAGE RATES AND PROGRAMS

Indiana zero down mortgage, Alexandria zero down mortgage, Anderson zero down mortgage, Angola zero down mortgage, Attica zero down mortgage, Auburn zero down mortgage, Aurora zero down mortgage, Batesville zero down mortgage, Bedford zero down mortgage, Beech Grove zero down mortgage, Berne zero down mortgage, Bicknell zero down mortgage, Bloomington zero down mortgage, Bluffton zero down mortgage, Boonville zero down mortgage, Brazil zero down mortgage, Butler zero down mortgage, Cannelton zero down mortgage, Carmel zero down mortgage, Charlestown zero down mortgage, Clinton zero down mortgage, Columbia City zero down mortgage, Columbus zero down mortgage, Connersville zero down mortgage, Covington zero down mortgage, Crawfordsville zero down mortgage, Crown Point zero down mortgage, Decatur zero down mortgage, Delphi zero down mortgage, Dunkirk zero down mortgage, East Chicago zero down mortgage, Elkhart zero down mortgage, Elwood zero down mortgage, Evansville zero down mortgage, Fort Wayne zero down mortgage, Frankfort zero down mortgage, Franklin zero down mortgage, French Lick zero down mortgage, Garrett zero down mortgage, Gary zero down mortgage, Gas City zero down mortgage, Goshen zero down mortgage, Greencastle zero down mortgage, Greendale zero down mortgage, Greenfield zero down mortgage, Greensburg zero down mortgage, Greenwood zero down mortgage, Hammond zero down mortgage, Hartford City zero down mortgage, Hobart zero down mortgage, Huntingburg zero down mortgage, Huntington zero down mortgage, Indianapolis zero down mortgage, Jasonville zero down mortgage, Jasper zero down mortgage, Jeffersonville zero down mortgage, Jonesboro zero down mortgage, Kendallville zero down mortgage, Knox zero down mortgage, Kokomo zero down mortgage, Lafayette zero down mortgage, Lake Station zero down mortgage, La Porte zero down mortgage, Lawrence zero down mortgage, Lawrenceburg zero down mortgage, Lebanon zero down mortgage, Ligonier zero down mortgage, Linton zero down mortgage, Logansport zero down mortgage, Loogootee zero down mortgage, Madison zero down mortgage, Marion zero down mortgage, Martinsville zero down mortgage, Michigan City zero down mortgage, Mishawaka zero down mortgage, Mitchell zero down mortgage, Monticello zero down mortgage, Montpelier zero down mortgage, Mount Vernon zero down mortgage, Muncie zero down mortgage, Nappanee zero down mortgage, New Albany zero down mortgage, New Castle zero down mortgage, New Haven zero down mortgage, Noblesville zero down mortgage, North Vernon zero down mortgage, Oakland City zero down mortgage, Peru zero down mortgage, Petersburg zero down mortgage, Plymouth zero down mortgage, Portage zero down mortgage, Portland zero down mortgage, Princeton zero down mortgage, Rensselaer zero down mortgage, Richmond zero down mortgage, Rising Sun zero down mortgage, Rochester zero down mortgage, Rockport zero down mortgage, Rushville zero down mortgage, Salem zero down mortgage, Scottsburg zero down mortgage, Seymour zero down mortgage, Shelbyville zero down mortgage, South Bend zero down mortgage, Southport zero down mortgage, Sullivan zero down mortgage, Tell City zero down mortgage, Terre Haute zero down mortgage, Tipton zero down mortgage, Union City zero down mortgage, Valparaiso zero down mortgage, Vincennes zero down mortgage, Wabash zero down mortgage, Warsaw zero down mortgage, Washington zero down mortgage, West Lafayette zero down mortgage, Whiting zero down mortgage, Winchester zero down mortgage, Indiana ,Woodburn zero down mortgage,

Indiana bad credit mortgage, Alexandria bad credit mortgage, Anderson bad credit mortgage, Angola bad credit mortgage, Attica bad credit mortgage, Auburn bad credit mortgage, Aurora bad credit mortgage, Batesville bad credit mortgage, Bedford bad credit mortgage, Beech Grove bad credit mortgage, Berne bad credit mortgage, Bicknell bad credit mortgage, Bloomington bad credit mortgage, Bluffton bad credit mortgage, Boonville bad credit mortgage, Brazil bad credit mortgage, Butler bad credit mortgage, Cannelton bad credit mortgage, Carmel bad credit mortgage, Charlestown bad credit mortgage, Clinton bad credit mortgage, Columbia City bad credit mortgage, Columbus bad credit mortgage, Connersville bad credit mortgage, Covington bad credit mortgage, Crawfordsville bad credit mortgage, Crown Point bad credit mortgage, Decatur bad credit mortgage, Delphi bad credit mortgage, Dunkirk bad credit mortgage, East Chicago bad credit mortgage, Elkhart bad credit mortgage, Elwood bad credit mortgage, Evansville bad credit mortgage, Fort Wayne bad credit mortgage, Frankfort bad credit mortgage, Franklin bad credit mortgage, French Lick bad credit mortgage, Garrett bad credit mortgage, Gary bad credit mortgage, Gas City bad credit mortgage, Goshen bad credit mortgage, Greencastle bad credit mortgage, Greendale bad credit mortgage, Greenfield bad credit mortgage, Greensburg bad credit mortgage, Greenwood bad credit mortgage, Hammond bad credit mortgage, Hartford City bad credit mortgage, Hobart bad credit mortgage, Huntingburg bad credit mortgage, Huntington bad credit mortgage, Indianapolis bad credit mortgage, Jasonville bad credit mortgage, Jasper bad credit mortgage, Jeffersonville bad credit mortgage, Jonesboro bad credit mortgage, Kendallville bad credit mortgage, Knox bad credit mortgage, Kokomo bad credit mortgage, Lafayette bad credit mortgage, Lake Station bad credit mortgage, La Porte bad credit mortgage, Lawrence bad credit mortgage, Lawrenceburg bad credit mortgage, Lebanon bad credit mortgage, Ligonier bad credit mortgage, Linton bad credit mortgage, Logansport bad credit mortgage, Loogootee bad credit mortgage, Madison bad credit mortgage, Marion bad credit mortgage, Martinsville bad credit mortgage, Michigan City bad credit mortgage, Mishawaka bad credit mortgage, Mitchell bad credit mortgage, Monticello bad credit mortgage, Montpelier bad credit mortgage, Mount Vernon bad credit mortgage, Muncie bad credit mortgage, Nappanee bad credit mortgage, New Albany, New Castle, New Haven, Noblesville, North Vernon, Oakland City, Peru, Petersburg bad credit mortgage, Plymouth bad credit mortgage, Portage bad credit mortgage, Portland bad credit mortgage, Princeton bad credit mortgage, Rensselaer bad credit mortgage, Richmond bad credit mortgage, Rising Sun bad credit mortgage, Rochester bad credit mortgage, Rockport bad credit mortgage,Rushville bad credit mortgage, Salem bad credit mortgage, Scottsburg bad credit mortgage, Seymour bad credit mortgage, Shelbyville bad credit mortgage, South Bend bad credit mortgage, Southport bad credit mortgage, Sullivan bad credit mortgage, Tell City bad credit mortgage, Terre Haute bad credit mortgage, Tipton bad credit mortgage, Union City bad credit mortgage, Valparaiso bad credit mortgage, Vincennes bad credit mortgage, Wabash bad credit mortgage, Warsaw bad credit mortgage, Washington bad credit mortgage, West Lafayette bad credit mortgage, Whiting bad credit mortgage, Winchester bad credit mortgage, Indiana ,Woodburn bad credit mortgage,

Indiana First time home buyer mortgage, Alexandria First time home buyer mortgage, Anderson First time home buyer mortgage, Angola First time home buyer mortgage, Attica First time home buyer mortgage, Auburn First time home buyer mortgage, Aurora First time home buyer mortgage, Batesville First time home buyer mortgage, Bedford First time home buyer mortgage, Beech Grove First time home buyer mortgage, Berne First time home buyer mortgage, Bicknell First time home buyer mortgage, Bloomington First time home buyer mortgage, Bluffton First time home buyer mortgage, Boonville First time home buyer mortgage, Brazil First time home buyer mortgage, Butler First time home buyer mortgage, Cannelton First time home buyer mortgage, Carmel First time home buyer mortgage, Charlestown First time home buyer mortgage, Clinton First time home buyer mortgage, Columbia City First time home buyer mortgage, Columbus First time home buyer mortgage, Connersville First time home buyer mortgage, Covington First time home buyer mortgage, Crawfordsville First time home buyer mortgage, Crown Point First time home buyer mortgage, Decatur First time home buyer mortgage, Delphi First time home buyer mortgage, Dunkirk First time home buyer mortgage, East Chicago First time home buyer mortgage, Elkhart First time home buyer mortgage, Elwood First time home buyer mortgage, Evansville First time home buyer mortgage, Fort Wayne First time home buyer mortgage, Frankfort First time home buyer mortgage, Franklin First time home buyer mortgage, French Lick First time home buyer mortgage, Garrett First time home buyer mortgage, Gary First time home buyer mortgage, Gas City First time home buyer mortgage, Goshen First time home buyer mortgage, Greencastle First time home buyer mortgage, Greendale First time home buyer mortgage, Greenfield First time home buyer mortgage, Greensburg First time home buyer mortgage, Greenwood First time home buyer mortgage, Hammond First time home buyer mortgage, Hartford City First time home buyer mortgage, Hobart First time home buyer mortgage, Huntingburg First time home buyer mortgage, Huntington First time home buyer mortgage, Indianapolis First time home buyer mortgage, Jasonville First time home buyer mortgage, Jasper First time home buyer mortgage, Jeffersonville First time home buyer mortgage, Jonesboro First time home buyer mortgage, Kendallville First time home buyer mortgage, Knox First time home buyer mortgage, Kokomo First time home buyer mortgage, Lafayette First time home buyer mortgage, Lake Station First time home buyer mortgage, La Porte First time home buyer mortgage, Lawrence First time home buyer mortgage, Lawrenceburg First time home buyer mortgage, Lebanon First time home buyer mortgage, Ligonier First time home buyer mortgage, Linton First time home buyer mortgage, Logansport First time home buyer mortgage, Loogootee First time home buyer mortgage, Madison First time home buyer mortgage, Marion First time home buyer mortgage, Martinsville First time home buyer mortgage, Michigan City First time home buyer mortgage, Mishawaka First time home buyer mortgage, Mitchell First time home buyer mortgage, Monticello First time home buyer mortgage, Montpelier First time home buyer mortgage, Mount Vernon First time home buyer mortgage, Muncie First time home buyer mortgage, Nappanee First time home buyer mortgage, New Albany First time home buyer mortgage, New Castle First time home buyer mortgage, New Haven First time home buyer mortgage, Noblesville First time home buyer mortgage, North Vernon First time home buyer mortgage, Oakland City First time home buyer mortgage, Peru First time home buyer mortgage, Petersburg First time home buyer mortgage, Plymouth First time home buyer mortgage, Portage First time home buyer mortgage, Portland First time home buyer mortgage, Princeton First time home buyer mortgage, Rensselaer First time home buyer mortgage, Richmond First time home buyer mortgage, Rising Sun First time home buyer mortgage, Rochester First time home buyer mortgage, Rockport First time home buyer mortgage, Rushville First time home buyer mortgage, Salem First time home buyer mortgage, Scottsburg First time home buyer mortgage, Seymour First time home buyer mortgage, Shelbyville First time home buyer mortgage, South Bend First time home buyer mortgage, Southport First time home buyer mortgage, Sullivan First time home buyer mortgage, Tell City First time home buyer mortgage, Terre Haute First time home buyer mortgage, Tipton First time home buyer mortgage, Union City First time home buyer mortgage, Valparaiso First time home buyer mortgage, Vincennes First time home buyer mortgage, Wabash First timehome buyer mortgage, Warsaw First time home buyer mortgage, Washington First time home buyer mortgage, West Lafayette First time home buyer mortgage, Whiting First time home buyer mortgage, Winchester First time home buyer mortgage, Indiana ,Woodburn First time home buyer mortgage,

Indiana FHA mortgage, Alexandria FHA mortgage, Anderson FHA mortgage, Angola FHA mortgage, Attica FHA mortgage, Auburn FHA mortgage, Aurora FHA mortgage, Batesville FHA mortgage, Bedford FHA mortgage, Beech Grove FHA mortgage, Berne FHA mortgage, Bicknell FHA mortgage, Bloomington FHA mortgage, Bluffton FHA mortgage, Boonville FHA mortgage, Brazil FHA mortgage, Butler FHA mortgage, Cannelton FHA mortgage, Carmel FHA mortgage, Charlestown FHA mortgage, Clinton FHA mortgage, Columbia City FHA mortgage, Columbus FHA mortgage, Connersville FHA mortgage, Covington FHA mortgage, Crawfordsville FHA mortgage, Crown Point FHA mortgage, Decatur FHA mortgage, Delphi FHA mortgage, Dunkirk FHA mortgage, East Chicago FHA mortgage, Elkhart FHA mortgage, Elwood FHA mortgage, Evansville FHA mortgage, Fort Wayne FHA mortgage, Frankfort FHA mortgage , Franklin FHA mortgage, French Lick FHA mortgage, Garrett FHA mortgage, Gary FHA mortgage, Gas City FHA mortgage, Goshen FHA mortgage, Greencastle FHA mortgage, Greendale FHA mortgage, Greenfield FHA mortgage, Greensburg FHA mortgage, Greenwood FHA mortgage, Hammond FHA mortgage, Hartford City FHA mortgage, Hobart FHA mortgage, Huntingburg FHA mortgage, Huntington FHA mortgage, Indianapolis FHA mortgage, Jasonville FHA mortgage, Jasper FHA mortgage, Jeffersonville FHA mortgage, Jonesboro FHA mortgage, Kendallville FHA mortgage, Knox FHA mortgage, Kokomo FHA mortgage, Lafayette FHA mortgage, Lake Station FHA mortgage, La Porte FHA mortgage, Lawrence FHA mortgage, Lawrenceburg FHA mortgage, Lebanon FHA mortgage, Ligonier FHA mortgage, Linton FHA mortgage, Logansport FHA mortgage, Loogootee FHA mortgage, Madison FHA mortgage, Marion FHA mortgage, Martinsville FHA mortgage, Michigan City FHA mortgage, Mishawaka FHA mortgage, Mitchell FHA mortgage, Monticello FHA mortgage, Montpelier FHA mortgage, Mount Vernon FHA mortgage, Muncie FHA mortgage, Nappanee FHA mortgage, New Albany FHA mortgage, New Castle FHA mortgage, New Haven FHA mortgage, Noblesville FHA mortgage, North Vernon FHA mortgage, Oakland City FHA mortgage, Peru FHA mortgage, Petersburg FHA mortgage, Plymouth FHA mortgage, Portage FHA mortgage, Portland FHA mortgage, Princeton FHA mortgage, Rensselaer FHA mortgage, Richmond FHA mortgage, Rising Sun FHA mortgage, Rochester FHA mortgage, Rockport FHA mortgage, Rushville FHA mortgage, Salem FHA mortgage, Scottsburg FHA mortgage, Seymour FHA mortgage, Shelbyville FHA mortgage, South Bend FHA mortgage, Southport FHA mortgage, Sullivan FHA mortgage, Tell City FHA mortgage, Terre Haute FHA mortgage, Tipton FHA mortgage, Union City FHA mortgage, Valparaiso FHA mortgage, Vincennes FHA mortgage, Wabash FHA mortgage, Warsaw FHA mortgage, Washington FHA mortgage, West Lafayette FHA mortgage, Whiting FHA mortgage, Winchester FHA mortgage, Indiana ,Woodburn FHA mortgage,

MISSOURI MORTGAGE RATES AND PROGRAMS

Missouri, Ballwin, Blue Springs, Cape Girardeau, Chesterfield, Columbia, Florissant, Gladstone, Hazelwood, Independence, Jefferson City, Joplin, Kansas City, Kirkwood, Lee's Summit, Liberty, Maryland Heights, Raytown, St. Charles, St. Joseph, St. Louis, St. Peters, Springfield, University City, Wildwood,Missouri zero down mortgage, Ballwin zero down mortgage, Blue Springs zero down mortgage, Cape Girardeau zero down mortgage, Chesterfield zero down mortgage, Columbia zero down mortgage, Florissant zero down mortgage, Gladstone zero down mortgage, Hazelwood zero down mortgage, Independence zero down mortgage, JeffersonCity zero down mortgage, Joplin zero down mortgage, Kansas City zero down mortgage, Kirkwood zero down mortgage, Lee's Summit zero down mortgage, Liberty zero down mortgage, Maryland Heights zero down mortgage, Raytown zero down mortgage, St. Charles zero down mortgage, St. Joseph zero down mortgage, St. Louis zero down mortgage, St. Peters zero down mortgage, Springfield zero down mortgage, University City zero down mortgage, Wildwood zero down mortgage,

Missouri bad credit mortgage, Ballwin bad credit mortgage, Blue Springs bad credit mortgage, Cape Girardeau bad credit mortgage, Chesterfield bad credit mortgage, Columbia bad credit mortgage, Florissant bad credit mortgage, Gladstone bad credit mortgage, Hazelwood bad credit mortgage, Independence bad credit mortgage, Jefferson City bad credit mortgage, Joplin bad credit mortgage, Kansas City bad credit mortgage, Kirkwood bad credit mortgage, Lee's Summit bad credit mortgage, Liberty bad credit mortgage, Maryland Heights bad credit mortgage, Raytown bad credit mortgage, St. Charles bad credit mortgage, St. Joseph bad credit mortgage, St. Louis bad credit mortgage, St. Peters bad credit mortgage, Springfield bad credit mortgage, University City bad credit mortgage, Wildwood bad credit mortgage,

 Missouri FHA mortgage, Ballwin FHA mortgage, Blue Springs FHA mortgage, Cape Girardeau FHA mortgage, Chesterfield FHA mortgage, Columbia FHA mortgage, Florissant FHA mortgage, Gladstone FHA mortgage, Hazelwood FHA mortgage, Independence FHA mortgage, Jefferson City FHA mortgage, Joplin FHA mortgage, Kansas City FHA mortgage, Kirkwood FHA mortgage, Lee's Summit FHA mortgage, Liberty FHA mortgage, Maryland Heights FHA mortgage, Raytown FHA mortgage, St. Charles FHA mortgage, St. Joseph FHA mortgage, St. Louis FHA mortgage, St. Peters FHA mortgage, Springfield FHA mortgage, University City FHA mortgage, Wildwood FHA mortgage,

Missouri 100% mortgage, Ballwin 100% mortgage, Blue Springs 100% mortgage, Cape Girardeau 100% mortgage, Chesterfield100% mortgage, Columbia 100% mortgage, Florissant 100% mortgage, Gladstone 100% mortgage, Hazelwood 100% mortgage, Independence 100% mortgage, Jefferson City 100% mortgage, Joplin 100% mortgage, Kansas City 100% mortgage, Kirkwood 100% mortgage, Lee's Summit 100% mortgage, Liberty 100% mortgage, Maryland Heights 100%mortgage, Raytown 100% mortgage, St. Charles 100% mortgage, St. Joseph 100% mortgage, St. Louis 100% mortgage, St. Peters 100% mortgage, Springfield 100% mortgage, University City 100% mortgage, Wildwood 100% mortgage,

Bad Credit Mortgage

If you've been turned down for a loan by your bank or mortgage company or you can't verify your income, if you have a poor credit history or a bankruptcy, we can help you get a mortgage thats right for you! Those clients that are serious about a second chance to establish good credit have come to the right place!
If your FICO score (also called a credit score) is at or below 650, you don't have what most lenders consider good credit so you will be unable to obtain a conventional loan at prime rates. You'll need to shop for a "bad credit mortgage." Lenders call these subprime mortgages and they are a fairly new product for the home mortgage industry.

Subprime borrowers must be much more careful when shopping for a mortgage loan than their conventional counterparts. Conventional loans all meet essentially the same guidelines as to credit risks and interest rates so loan rates and fees are very similar from lender to lender. Subprime mortgages are tailored to a borrower's needs and credit history by a loan officer, so interest rates are a Higher.Our Mortgage PRO'S offers plenty of suggestions for the best deal on your loan.

We offer ALL types of new home loans and refinance loans for both prime and subprime borrowers, AND they can provide very competitive bids for debt consolidation and home equity loans!

Worried about that Bankruptcy on your Credit?

We have a loan for you regardless of your credit history, desired loan amount or property type. It is estimated that seventy percent of all people who apply for a mortgage have bad credit of some sort. We can help you lower your monthly payments, consolidate your bills, and pay off your credit card debt depending on your needs.

Our loan specialists has access to thousands of different home loan programs and home loan approval criteria to provide you with the right loan program that best suits your financial needs. Get a better interest rate, cash out, switch to a fixed or adjustable rate, and find more favorable loan terms than you may currently have. We can help you to achieve your financial goals with our comprehensive programs and expertise from our loan specialists.

Apply Now for a bad credit refinance or a bad credit home loan and our specialists will work to find you the lowest interested rate possible

FHA for People with Bad Credit

    We Underwrite these client files Manually allowing more Flexibility

What Is An FHA Loan?

The FHA does not make loans. It insures, in the event of a default, mortgage loans made by approved lending institutions. FHA's analysis of the transaction takes into consideration the applicants income, past credit history, work history and ability to save and manage financial affairs. Each applicant is considered individually as no two families have exactly the same situation. Family obligations, responsibilities, future prospects, motivation and spending patterns all widely differ.

Advantages of FHA Loans

• Low down payment
• Less cash from borrower than a conventional loan
• Less stringent loan underwriting guidelines
• Fully assumable (with qualifying)
• No prepayment penalty

Eligibility Requirements

FHA financing may be by any qualified person, whether a U.S. citizen or not. However, the property must be the occupying borrowers' principal residence. The borrower must also have a social security number.

FHA Mortgage Insurance

Mortgage insurance is required on all FHA loans. The insurance is collected by the lender and paid to FHA, who in turn reimburses lenders in the event of loan defaults.

• MMI & MIP are the two existing types of FHA insurance.
• MMI (Mutual Mortgage Insurance) is collected monthly on approved Condominiums. Insurance is paid on the remaining balance of the loan only, therefore the payments will decrease gradually over the life of the loan.
• MIP (Mortgage Insurance Premium) is a one-time premium calculated as a percentage of the loan amount that applies to Single Family Residences (SFR) and Planned Unit Developments (PUD). This fee can be 100% financed and added to the base loan.

FHA Loan Programs And Amounts

The maximum FHA loan amount varies by county.

• ARM (Adjustable Rate Mortgage) which can fluctuate based on the index (1-year Treasury Bill) and has a 1% annual cap and a 5% lifetime cap.
• GPM (Graduated Payment Mortgage) which allows the borrower to qualify at a lower rate but requires a down payment and has negative amortization.

Interest Rates

FHA does not set interest rates. Rates reflect current market conditions. Discount points need not be paid by anyone, but discount points to obtain a lower than market rate can be paid by either the buyer or the seller.

FHA Appraisals

FHA uses the same appraisals for all programs. The appraisals (or Conditional Commitments) are done by FHA assigned/approved appraisers and set forth FHA's estimate of value. If the appraisal is at a value lower than requested, a reconsideration of value may be requested by sending FHA recent comparables indicating a higher value, or the buyer may pay the additional difference.

Co-signers

FHA allows a borrower to use a non-occupying cosigner for purposes of qualifying for the loan. The co-signer's income, assets, liabilities and credit history are included in the determination of credit worthiness. The co-signer must be a blood relative or for an unrelated individual there must be documented evidence of a family-type with a long-standing and substantial relationship not arising out of the loan transaction.

Buyer's Costs

• Down Payment
• Loan Origination Fee (1% of base loan amount)
• Escrow Fee
• Appraisal Fee
• Credit Report Fee
• Recording Fees
• ALTA. Lenders Title Insurance Policy
• Property Tax Proration and Reserves
• MMI Impounds (2 months)
• MIP (can be 100% financed and added to base loan)
• Hazard Insurance and Reserves
• Per Diem interest on new loan, based on closing date

Seller's Costs

• Escrow Fees
• Sub-Escrow Fee*
• Tax Service Fee*
• Revenue Tax Stamps ($1.10 per $1000 sale price, if applicable)
• Standard Owner's Title Insurance Policy
• Proration of Property Taxes
• Payment of assessments, etc.
• Structural Pest Control Inspection and Repairs
• Pay Off Existing Trust Deed and Liens
• Broker fees
• Association Transfer Fees*
• Buyers' Loan Processing Fee*
• Buyers' Loan Document Fee*

And Don't Forget... 

"We Say YES ...Even if The BANK Said NO !"