Buying

Though, the FHA Home Loan was not created for the First Time Home Buyer the qualification requirements make it very ideal for many first time Indiana home buyers.

The Federal Housing Administration (FHA) was created to improve housing across the nation, and the main goal was to provide adequate and accessible home financing through a government insurance of mortgages, and an additional goal was to stabilize the mortgage market.  (gosh, we can use that now more than ever)

So, today the FHA Home Loan plays a significant role in financing for:

* The First Time Home Buyer
* Buyers with little or no money to put down
* Buyers with little or NO CREDIT HISTORY

Currently many home lenders are tightening credit in the Conventional Mortgage Loan and it is making it much harder to obtain financing for Indiana First Time Home Buyers with a regular conventional mortgage.

The FHA Home Loan will allow us to not let a computer decide if you deserve to buy a home.  But, we have a real live person that will personally go over and underwrite your file, and they will be looking for reasons to approve your home loan and it is our job to package your home loan to prove that you are deserving of your first home.

To ask me about your options you can me at (219)872-8000 or email me at dave@madmortgagemachine.com