The story of United Faith Mortgage has been heard on radio stations across the country.

One of our Christian Radio DJ Friends sat down to talk through some of the big ones.
Here’s the third big question…

 

“My credit is just so-so and I don’t have a lot of cash to put down. But I heard that the FHA loan just got better. Could I still buy a new home?”

 

(You can watch all of Ryan’s Riffs here.)

Here’s what Ryan had to say…

  • Due to some new regulations with FHA (from March 20th, 2023), monthly payments have gone down.
  • In general, the monthly payments have gone DOWN. In one circumstance with a client, we were able to go down the FHA loan route and save him a couple hundreds of dollars per month on his mortgage.
  • There are multiple options you can walk toward, and it’s our job to help you figure out which one is best for you.

 

If you feel like you’re ready to make the next step toward buying a home and are interested in an FHA loan, feel free to reach out to Ryan and our team at United Faith Mortgage. At UFM, we like to say we have a Direct Lender Advantage.  Our small family team is an arm of a much bigger company that is a Direct Lender. Because of that, our company gets to use its own money and make its own decisions within its own walls. There’s no middle man. For you, this often means shorter turnarounds and a better rate… which can mean paying significantly less each month.

We’re a no-pressure kind of team, so we’d love to help tackle any cash-out refinance question – big or small – without the sales pitch.

Here when you’re ready.

– The UFM Family