FHA mortgage loans are loans offered through the Federal Housing Administration. Although they are referred to as FHA loans, they are regular mortgages that carry FHA mortgage insurance. These loans are beneficial to many people and have been used to put many home buyers into their first homes with less hassle, down payment, and closing costs. FHA currently offers fixed rates and adjustable rate loans. FHA allows buyers to put a minimum of 3 1/2% down. FHA loans offer more flexible qualifying guidelines, and in most cases, less closing costs than that of conventional loans.
If you are looking to purchase a home and have minimal resources, call now to find out if FHA will work for you. FHA mortgage loans are assumed to borrowers that qualify. Talk to a mortgage specialist about qualifications. Since American Fidelity has a Full Eagle status, we are authorized to underwrite for the government insurance. In other words, we do it in-house. This will assure you a more efficient process with better rates.
Joe Cuttone, President
American Fidelity Mortgage Services Inc
4200 Commerce Court, Suite 200, Lisle, IL 60532
Direct: (630) 681-1010 Ext. 118
Copyright © 2012 American Fidelity Mortgage Services Inc
Illinois Mortgage Licensee License # MB 0000303
Indiana Department of Financial Institutions (DFI) License ID Number 11229
American Fidelity Mortgage Services, Inc. also does business
as A&M Mortgage Group, Inc. in the State of Indiana
State of Wisconsin - Department of Financial Institutions License #159BA
In the State of Illinois Mortgage Bankers are governed by:
L Department of Financial & Professional Regulation Division of Banking
122 South Michigan Ave., Suite 1900 Chicago, IL 60603
Phone: (312) 793-3000
Fax: (312) 793-7097
Web: http://www.idfpr.com/default.asp
Toll Free Consumer Hot Line: (877)-793-3470
