FHA Mortgage Home Loans 

***New increased loan limits from $297,500 to $729,500 based on local County limits*** 

Guaranteed Rate is an FHA Direct Lender with common sense in-house underwriting. 
Obtain a low fixed rate FHA mortgage with little or no down payment* for many credit types...

FHA Mortgage - Traditional 203(b) Home Loan   
- 3% down payment requirement (* can be gift from family or DPA Program from Seller - minimum $500 contribution by Borrower)
- No minimum credit score requirement (FHA) - Investors may have limits
- Non-traditional credit: rent, utilities, car insurance (1-yr history)  
12-24 month credit review (blemishes may be explained/documented) 
- Chapter 7 Bankruptcy must be discharged 2 years with new re-established credit history (ask about seasoning less than 2-Years)  
- Chapter 13 Bankruptcy must be paid on time for 1 year and receive permission from Trustee to obtain new financing  
- Judgments/Tax Liens must be paid prior to closing (collections may be excluded) 

FHA Streamline 203(k) Renovation Loan 
Allows for repairs which range from $5,000-$30,000 to be included in loan amount.

FHA Secure - Refinance 
Designed to allow families with solid credit histories who had been making on-time mortgage payments before their Adjustable Rate Mortgage reset-but are now in default qualify for refinancing.  Click Here for more details.