FHA Loans
FHA Loans Made Simple
FHA Loans are government-backed mortgages designed especially for first-time buyers or those with less-than-perfect credit. With lower down payment requirements usually at 3.5% and flexible credit guidelines, FHA loans help open the door to homeownership for many.
At Down Range Mortgage, whether you’re starting from scratch or rebuilding credit, we will walk you through every step of the FHA loan process.
Who Can Get an FHA Loan?
FHA loans are ideal for first-time buyers, but anyone can apply. If you have a steady income, a manageable debt-to-income ratio, and a credit score above 500, you could qualify
Why Choose an FHA Loan?
FHA loans are perfect if you’re concerned about high credit requirements or large down payments. These loans also allow for forgiving past financial issues, like bankruptcies or short credit histories.
Plus, FHA loans come with fixed-rate options, helping you lock in stable monthly payments for the life of the loan and refinance very quickly for later down the road.
How Down Range Mortgage Supports You
At Down Range Mortgage, we simplify the FHA loan process from start to finish. We evaluate your eligibility and guide you through pre-approval without confusion or guesswork.
We collect your documents and pull everything together, presenting the best possible image to the lender to gain the best possible results. We communicate and keep you updated throughout the entire process. We’ll also walk you through closing so there are no surprises.
Whether you’re buying your first home or starting over financially, our team at Down Range Mortgage is here to help you move forward confidently. FHA loans are a great option, and we make it even easier.