3.5% DOWN PAYMENT! What is an FHA loan?

An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. FHA loans offer more attractive interest rates and with less stringent and more flexible qualification requirements. The FHA is an agency within the U.S. Department of Housing and Urban Development. As low as 3.5%, as opposed to the conventional 20% down. That's a big difference. In this link below, Ron Atniel (www.LenderRon.com), briefly discuss what an FHA loan entails and how it can benefit you! https://youtu.be/1u22Fx8blI8 Contact me for a FREE consultation. Sign up for my newsletter: http://www.andymartinezjr.com/newsletter Your Real Estate Agent, Andy Martinez Jr. amjr@andymartinezjr.com t: 310-597-2089 CalBRE# 01978202

What do Lenders look for?

Most people are curious as to what lenders are looking for when considering home loan applications.

I spoke with Loan Officer, Ron Atniel, to discus briefly what lenders consider when approving your home loan.

Click the link below to watch our short conversation on the subject!

https://www.youtube.com/watch?v=bmlVSLXWZOY

We had some fun making it and I hope it helps answer some questions for you.

There will be a lot more short videos to come on a variety of topics like "Credit Scores"!

Feel free to contact me if you have any questions!

http://www.andymartinezjr.com

Your Real Estate Agent,

Andy Martinez Jr.
andy@andymartinezjr.com
CalBRE# 01978202