FHA Loans

FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA). ?Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

CONTACT

The Monastero Mortgage Team

James Monastero

Direct Number:
(919) 355-8046

SOCIAL MEDIA

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LICENSING

NMLS#76800
Licensed in all 50 states

Equal Housing Lender (002)FDIC (002)

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