|FHA loans may be approved where an individual was denied for a conventional fixed rate program. This program is also an excellent choice for someone who does not have their own funds to put down on a transaction.
FHA loans allow home owners and first time home buyers to purchase a home, duplex or four family with as little as 3% down! The down payment can be fully gifted from a relative, friend or non-profit organization.
Click on the link for additional information or call U.S. Mortgage Corporation at 1-800-838-8938.