Freedom Financial Services

Wednesday, Feb 22nd

Testimonials:
"I would recommend Freedom...they’ll tell you exactly what they can do for you, they’ll be completely honest with you." - Debbie ...
"...in a lender, you look for trust...and you look for communication and you’re going to get both of those at Freedom Financial Services." - Ri...
"We’ve been very pleased with Freedom Financial for years. They’re great people to work with." - Denise and Willard ...
 "We've dealt with other finance companies and banks. But at Freedom, it's like they've known you forever...." - Larry ...
 "When we worked with Freedom they were outstanding...whatever they said they would do, they did." - Farrah, Trinidad ...
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FHA Loans from Freedom Financial Services

Homeownership is still a significant part of the “American Dream.” For many Americans, FHA Loans—and Freedom’s mortgage professionals-- could make that dream a reality.

Freedom has been offering FHA loans since we started in 1997. Did you know that mortgage companies must prove financial stability on an annual basis through extensive audits in order to offer FHA loans? The mortgage company is also required to follow strict rules that protect the customer and assure equal housing opportunities. Freedom is proud to have consistently met these guidelines and requirements, assuring our customers that they can qualify for a loan that is insured.

In addition, our mortgage professionals pride themselves on their knowledge of the mortgage industry, their creativity and their resourcefulness. They believe in presenting clients to underwriters and loan processors as more than just a credit score and set of numbers. So no matter the loan program you’re applying for, Freedom’s loan officers will work hard to help you become a homeowner.

What is an FHA Loan?

The Federal Housing Administration (FHA) was establishing in 1934 to help lower-income families purchase homes, and with certain advantages. An FHA loan is a government-guaranteed loan that allows a borrower (often first-time homebuyers) who normally would be offered subprime loan options, a loan with a better interest rate, which can save a significant amount of money.  FHA loans can also greatly reduce the amount of fees paid, providing an additional cost savings. The FHA loan has many advantages to the borrower. For example:

  • Flexible underwriting and more relaxed guidelines make this type of loan easier to get approvals.
  • FHA loans typically have lower payments and a fixed interest rate.
  • FHA loans have no “pre-payment” penalties.
  • If you are a first-time home buyer you might qualify for additional government assistance or grant money.

These advantages make the FHA loan one of the more popular loans for first-time home buyers and those who prefer “low-fuss” loans. 

Finding the right loan for you

If you think an FHA loan may pave the way to home ownership for you, Freedom can help. We will make sure that the FHA loan is the right one for you, and work to evaluate your needs before we suggest the type of loan that fits you. Call today for a free consultation with our mortgage specialists. We don’t just get you a loan, we make sure you are getting the right loan.