FHA home loans are mortgage loans that are insured against default by the Federal Housing Administration (FHA). FHA loans are available for single family and multifamily homes. These home loans allow banks to continuously issue loans without much risk or capital requirements. The FHA doesn't issue loans or set interest rates, it just guarantees against default.
FHA loans allow individuals who may not qualify for a conventional mortgage obtain a loan, especially first time home buyers. These loans offer low minimum down payments, reasonable credit expectations, and flexible income requirements.
We have been helping customers afford the home of their dreams for 39 years with over $ 1.4 billion dollars in closed residential loans and we love what we do!
Illinois Mortgagee License # MB 6761275
Florida Mortgage License # MB 4398
Company NMLS: 1656794
Regulated by: Illinois IDFPR-Director Rehwinkel 122 S. Michigan Avenue Chicago, IL 60603 217-785-0820
President and Managing Partner
840 S. Northwest Highway Suite #202
BARRINGTON, Illinois 60010
Phone: (847) 717-9005
Fax: (800) 466-8091