What Features and Benefits Does the MMS Special FHA Loan Program Offer?
- We accept a minimum credit score of 580. Most lenders require a score of at least 600-620. So, this opens up our niche FHA loan program to a wider range of prospective applicants.
- First time and repeat homebuyers are welcome to apply for this FHA loan program.
- You may use this type of mortgage to buy a primary residence. Types of properties allowed include single family homes, condos, manufactured homes, and 2-4 unit properties. It is very rare to find financing for 2-4 units, so this is a great benefit for our special program.
- DACA borrowers can qualify for our Special FHA Loan Program.
- There is no income cap on this program. No matter how much you earn, you can move into a home with zero down.
- We also allow non-occupying co-borrowers. So, conversely, if you need more income to buy a home, you can have someone cosign on your mortgage.
Buy A Home in Farmington Hills with MMS Mortgage Services
The bottom line is that this is an extremely flexible, versatile program that can fit a wide range of needs. You can find out more about the MMS Special FHA Loan program in our Facebook Live video. Please contact MMS Mortgage Services at (248) 788-0800 to schedule your consultation. We work with clients in Farmington Hills, throughout Michigan and beyond!
Do you know how much home you can afford?
Most people don’t... Find out in 10 minutes.Get Pre-Approved Today