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FHA

Federal Housing Administration Loan

Are you a first-time homebuyer that wants to get in a home but has saved a lot for a down payment and doesn’t have the best credit? Look no further, this loan was designed just for you! With an FHA loan, you can get the home of your dream now and pay for your home as you go. This loan was specifically designed as an alternative to conventional financing and includes a breadth of benefits to get you the home you want.

Loan Requirements
Min. Credit score:
580
Min. Down Payment:
3.5%
Loan Features
  • First Time Home Buyers
  • Low 3.5% Down
  • Low credit qualifying
  • FHA allows sellers to give up to 6% of the home purchase price to an FHA buyer to pay for closing costs and pre-paid costs
  • Fixed or adjustable rates available
  • Up to 56.99% back end DTI (debt-To Income)

Disclaimer: This is not an approval or a commitment to lend. This information is provided in an effort to better inform you about the loan products we offer at Oz Lending. Rates, terms and conditions are subject to change without notice.

Ready for the next step

Let’s Talk.

Whether it’s refinancing, buying a new home, building a home, or applying for home equity loans or second mortgages; we have an experienced, around the clock, qualified team of accessible “Wizards” who are with you every step of the homeownership process.

2805 Dallas Pkwy,
Suite 150
Plano, TX 75093
NMLS ID 1124061

© 2022 – All rights reserved | Oz Lending is a DBA of AmCap Mortgage, Ltd. (NMLS ID# 129122 – www.nmlsconsumeraccess.org), an Equal Housing Lender.

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