San Antonio FHA home loans can be one of the best investments that first time home buyers can make. These affordable home loans are easier to obtain than traditional conventional loans because the federal government backs these loans.
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FHA loans in the San Antonio area FHA insured mortgage offers many benefits and protections. There are many benefits to purchasing with an FHA loan. You can take advantage of a low-fixed rate and put very little, or in some cases, no money down.
FHA loans are the most common type of loan and most first-time home buyers use this program. They are flexible and allow purchases down to just a 500 credit score in some cases.
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If you are looking for a mortgage lender in San Antonio, we specialize in new home purchases, VA Home Loans and FHA Home Loans. This gives our San Antonio customer’s a tremendous advantage over traditional mortgage brokers and even yourlocal mortgage banks.
FIRST TIME HOME buyer san antonio texas FHA MORTGAGE LENDERS – The FHA mortgage is not only for first time home buyers. Anyone purchasing a primary home can use the FHA loan. The FHA mortgage is popular with first time home buyers because of the with a low down payment requirement.
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According to RealtyTrac’s Q1 2016 U.S. Residential Property Loan Origination Report. with a 20 percent or more increase in HELOC originations from a year ago were San Antonio, Texas (up 23 percent).