FHA Purchase Loan
Whether you’re a first time homebuyer or moving to a new home, the FHA loan program will let you purchase a home with a low down payment and flexible guidelines.
BELIEVE IT OR NOT : The FHA program was created in the 1930’s during the Great Depression as a tool to stimulate the US economy and stabilize the housing market.
FHA Purchase Loan Benefits:
- Low Down Payment
- Less stringent credit qualifications
- Streamline Refinancing available
- Rates are typically lower than conventional loans
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CHM Lending is a local mortgage broker founded in 1992 and located in Medina, Ohio. Our company offers a full range of mortgage loan products including Conventional, FHA, VA, USDA, Construction, and Renovation loans. Our team has a combined over 45 years of experience in the mortgage industry and was voted Best of The Best in Medina County in 2017 & 2018. We use a common sense approach with all of our clients and we work with many different lenders to be able to offer the most competitive rates and costs coupled with amazing customer service.