FHA Loan

fhaThe Federal Housing Administration insures these loans to give people with low-to-moderate incomes the opportunity to finance a home with a low down payment.

Purchase:

  • Perfect for first time home buyers
  • Down payments as low as 3.5% for those who qualify

Refinance:

  • FHA streamlined credit
  • Non credit qualifying

General Loan Requirements

Your Down Payment
3.5% of loan amount

Terms Available
10, 15, 20, 25, 30 years
(Fixed rates, 2/1 buy down and adjustable rates available)

Minimum Credit Score
500*
*Loan to value limited depending on FICO score.

Mortgage Insurance
Required

Ready to Apply?

PRMI provides you with a streamlined application process called ClickApproval that is much faster than traditional ways of applying for a mortgage.

Our process is simple and secure. Apply knowing the information you provide is safe and protected. Click now for an exceptional mortgage experience.