FHA Loan Center

Houses

WHAT IS A FEDERAL HOUSING ADMINISTRATION (FHA) LOAN?

Since its inception in 1934 the Federal Housing Administration has helped over 34 million consumers find their way to home ownership. In all actuality FHA doesn't loan any money, they insure it. The purpose of the FHA loan is to help home buyers that lack large down payments or may not have a higher credit rating to still fulfill their dream of owning a home without having to pay higher interest rates or fees. Jim Kreminski and his team at Northwest Mortgage Advisors have been helping clients achieve that dream through FHA for over 25 years. Let us put our expertise to work for you. Why FHA?

BORROWER REQUIREMENTS

LOAN TERMS

LOAN LIMITS

The maximum loan amount allowed when using an FHA insured mortgage is determined by the County
you live in. Loan amounts can also vary based on the number of units in the property.

To see what the limits are for your county go to:

FHA lending limits in Oregon

FHA lending limits in California

WAITING PERIODS AFTER CREDIT HARDSHIP

It is always best to discuss your circumstance with us first regardless of the waiting period. We are here
to help you prepare ahead of time enabling you to align yourself with the qualifying process. Our goal
is to help clients that suffered as a result of the crisis, find their way back to home ownership.

GET PRE-APPROVED FOR A FHA HOME LOAN

APPLY NOW OR CALL JIM KREMINSKI @ 541-526-7210 FOR A FREE LOAN CONSULTATION