FHA Loans

Whether you need to purchase your first home or refinance an existing home, FHA loans are easy to qualify for and offer home buyers the chance they need. This program features:

• Purchase or refinance your existing home.
• Low FICO score requirements. If your credit isn’t exactly perfect you can still qualify for a home loan.
• Lower rate on PMI (private mortgage insurance).
• 3.5% down payment on purchase deals.
• Low fixed rates. Your rates will never change and they are incredibly competitive.

If you have had difficulty getting approved for a home loan in the past, our FHA loan program may be right for you. Whether you have a lower income or have made a few mistakes in the past, it can be difficult to get a bank to take a chance on you. This means that all too often, dreams of owning your own home have to be put on hold. But with Schuylkill Mortgage, you can start living your dreams right away.

Our FHA loan program offers the ability to purchase a new home or even refinance an existing home. The program does not require high end FICO scores, meaning that even if your credit is less than perfect, you can still be approved for a mortgage. While the program has changed a little bit, they are still accepting individuals and families with lower credit scores.

This program offers a lower rate on your private mortgage insurance, saving you money on premiums now and in the long term. In addition, you’ll only have to put 3.5% down on your new home, instead of the traditional 10 to 20%. When you add all of these benefits in with the fact that an FHA loan has a low, fixed interest rate, you can’t lose.

If you would like to apply for our FHA loan program, give us a call right now and our staff will start working on it immediately. You can also fill out our online application and in just a few minutes you can be on the way to owning your own home. For the past 40 years Schuylkill Mortgage has made homeownership dreams come true and we’re ready to help make your dreams a reality.