A Sacramento FHA home loan provides a government-insured loan with flexible loan options. Less strict credit requirements and qualifications make this loan the easiest loan for buying a home or refinancing. Save money with an easy and fast FHA loan, qualifying is simple!
How A Sacramento FHA Home Loan Works – Payments
- Pay your mortgage at any time without pre-payment penalties
- 30-, 25-, 20- and 15-year terms are all available with fixed rates
- 5-year adjustable-rate mortgage available
Program highlights
- Credit scores as low as 500 may qualify
- Refinance up to 97.75% of your primary home’s value
- Buy a home with as little as 3.5% down (primary residence)
- More lenient underwriting than conventional loans
- Debt to income ratios over 50% are allowed
- Derogatory credit waiting times:
- Foreclosure: 3 years
- Short sale/ Deed in lieu: 3 years
- Chapter 7 Bankruptcy: 2 years
- Chapter 13 Bankruptcy:Â 1 year of the payment period has elapsed
Got questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions and get you started with a great low rate today!
Working with Green Haven Capital Inc.
- We put YOU first.
- Green Haven Capital Inc. offers some of the most competitive rates and lowest fees in the Nation!
- Fast and efficient, we can close in 15 days or less.
- We offer a variety of loans. Green Haven Capital Inc. will find you the loan that is right for you!!!
**Green Haven Capital Inc. is not affiliated with or acting on behalf of or at the direction of FHA, VA, USDA or the Federal Government.
Frequently Asked Questions
What is an FHA loan?
An FHA loan is insured by the Federal Housing Administration and may offer flexible credit and down payment guidelines for eligible buyers.
Is FHA only for first-time buyers?
No. FHA financing may be available to any eligible borrower who meets program requirements.
How much down payment is required?
Eligible borrowers may qualify with a down payment as low as 3.5%, subject to program rules.
Do homes have to meet FHA standards?
Yes. An FHA appraiser verifies minimum standards for safety, security, and livability.
Can I streamline refinance?
An FHA Streamline may reduce documentation for eligible borrowers, subject to guidelines.
