HELOC/Hard Money LoansHELOC/Hard Money LoansHELOC/Hard Money LoansHELOC/Hard Money LoansHELOC/Hard Money Loans First time home buyers Loan Programs in Palm Springs | MC Associate Coral Funding
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FIRST TIME BUYERS/DOWN PAYMENT ASSISTANCE PROGRAMS AVAILABLE. Click here

An FHA insured loan is a US Federal Housing Administration mortgage insurance backed loan which is provided by an FHA approved lender. FHA insured loans were created by the US government as an assistance program to allow Americans to borrow money for purchasing a home to live in that they might not have been able to afford otherwise. The home must be owner occupied and must fit some specific criteria. There are many benefits to a FHA home loan.


If you want to qualify for these program, speak with one of our loan officers today about purchasing a home with an FHA loan and exploring your Down Payment Assistance Programs.

Benefits Include

  • 3.5% Down
     
  • 640 Minimum FICO
     
  • Aggressive Debt-to-Income
     
  • No required reserves
     
  • Appraisal requirements to protect you as the buyer
     
  • 30 year fixed rate