The FHA Loan Can Give Homebuyers More Options!

The FHA mortgage can make your homebuying dream a reality with competitive rates and a low down payment.

The FHA Loan Offers:

•Competitive, conforming interest rates
•Very low down payment which can be a gift from an acceptable source
•Payment includes property taxes and homeowner’s insurance escrow
•Accommodates lower credit scores
•Available for single family, duplex, 3-4 unit or condo
•Sellers can help pay for your closing costs and prepaids
•Parent or relative co-mortgagor is allowed

Call a Member First Mortgage Consultant for a free consultation or apply online today!

HOMEBUYER TAX CREDIT:

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or before April 30, 2010. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers on or before April 30, 2010. Please understand that if you have applied for a mortgage loan through Member First Mortgage, LLC, and/or our affiliated credit union before April 30, 2010, that your loan is not guaranteed to close before April 30, 2010, therefore making you eligible for the tax credit.

Due to a recent increase in the number of mortgage applications received, it may take longer than the normal 24 hours to receive a return call from one of our Mortgage Consultants. However, we will make every effort to contact you as soon as we can after your application is submitted.