{"id":1264,"date":"2022-04-07T14:40:41","date_gmt":"2022-04-07T14:40:41","guid":{"rendered":"https:\/\/ggmortgage.com\/?page_id=1264"},"modified":"2022-07-22T17:09:59","modified_gmt":"2022-07-22T17:09:59","slug":"fha-loans","status":"publish","type":"page","link":"https:\/\/ggmortgage.com\/mortgage-basics\/fha-loans\/","title":{"rendered":"FHA Loans"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;90px||||false|false&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221; da_disable_devices=&#8221;off|off|off&#8221;][et_pb_row _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Nunito|600|||||||&#8221; header_3_text_color=&#8221;#e2b90f&#8221; header_3_font_size=&#8221;20px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>MORTGAGE BASICS<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Nunito||||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;16px&#8221; header_2_font=&#8221;Nunito|700|||||||&#8221; header_2_text_color=&#8221;#000000&#8243; header_2_font_size=&#8221;30px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>FHA Loans<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;What is an FHA Loan?&#8221; open_toggle_text_color=&#8221;#FFFFFF&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#FFFFFF&#8221; toggle_icon=&#8221;&#xf078;||fa||900&#8243; open_icon_color=&#8221;#FFFFFF&#8221; open_toggle_icon=&#8221;&#xf077;||fa||900&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font=&#8221;|700|||||||&#8221; title_font_size=&#8221;18px&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; body_text_color=&#8221;#000000&#8243; custom_css_toggle_title=&#8221;background-color: #2A2A6A&#8221; border_width_all=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p data-uw-styling-context=\"true\">In 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home.<\/p>\n<p data-uw-styling-context=\"true\">FHA does not make home loans, it insures a loan; should a homebuyer default, the lender is paid from the insurance fund.<\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Buy a house with as little as 3.5% down.<\/li>\n<li data-uw-styling-context=\"true\">Ideal for the first-time homebuyers unable to make larger down payments.<\/li>\n<li data-uw-styling-context=\"true\">The right mortgage solution for those who may not qualify for a conventional loan.<\/li>\n<li data-uw-styling-context=\"true\">Down payment assistance programs can be added to a FHA Loan for additional down payment and\/or closing cost savings.<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;FHA Loans vs. Conventional Home Loans?&#8221; open_toggle_text_color=&#8221;#FFFFFF&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#FFFFFF&#8221; toggle_icon=&#8221;&#xf078;||fa||900&#8243; open_icon_color=&#8221;#FFFFFF&#8221; open_toggle_icon=&#8221;&#xf077;||fa||900&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font=&#8221;|700|||||||&#8221; title_font_size=&#8221;18px&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; body_text_color=&#8221;#000000&#8243; custom_css_toggle_title=&#8221;background-color: #2A2A6A&#8221; border_width_all=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p data-uw-styling-context=\"true\"><span>The main difference between a FHA Loan and a Conventional Home Loan is that a FHA loan requires a lower down payment, and the credit qualifying criteria for a borrower is not as strict. This allows those without a credit history, or with minor credit problems to buy a home. FHA requires a reasonable explanation of any derogatory items, but will use common sense credit underwriting. Some borrowers, with extenuating circumstances surrounding bankruptcy discharged 3-years ago, can work around past credit problems. However, conventional financing relies heavily upon credit scoring, a rating given by a credit bureau such as Experian, Trans-Union or Equifax. If your score is below the minimum standard, you may not qualify.<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;If I&#8217;ve had a bankruptcy in Recent Years, Can I Get a FHA Loan?&#8221; open_toggle_text_color=&#8221;#FFFFFF&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#FFFFFF&#8221; toggle_icon=&#8221;&#xf078;||fa||900&#8243; open_icon_color=&#8221;#FFFFFF&#8221; open_toggle_icon=&#8221;&#xf077;||fa||900&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font=&#8221;|700|||||||&#8221; title_font_size=&#8221;18px&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; body_text_color=&#8221;#000000&#8243; custom_css_toggle_title=&#8221;background-color: #2A2A6A&#8221; border_width_all=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p data-uw-styling-context=\"true\"><span>Yes, generally a bankruptcy won\u2019t preclude a borrower from obtaining a FHA Loan. Ideally, a borrower should have re-established their credit with a minimum of two credit accounts such as a car loan, or credit card. Then wait two years since the discharge of a Chapter 7 bankruptcy, or have a minimum of one year of repayment for a Chapter 13 (the borrower must seek the permission of the courts). Also, the borrower should not have any credit issues like late payments, collections, or credit charge-offs since the bankruptcy. Special exceptions can be made if a borrower has suffered through extenuating circumstances like surviving a serious medical condition, and had to declare bankruptcy because the high medical bills couldn&#8217;t be paid.<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;What Documents are Needed to Apply for a FHA Loan?&#8221; open_toggle_text_color=&#8221;#FFFFFF&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#FFFFFF&#8221; toggle_icon=&#8221;&#xf078;||fa||900&#8243; open_icon_color=&#8221;#FFFFFF&#8221; open_toggle_icon=&#8221;&#xf077;||fa||900&#8243; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font=&#8221;|700|||||||&#8221; title_font_size=&#8221;18px&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; body_text_color=&#8221;#000000&#8243; custom_css_toggle_title=&#8221;background-color: #2A2A6A&#8221; border_width_all=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p data-uw-styling-context=\"true\">Your loan approval depends 100% on the documentation that you provide at the time of application. You will need to give accurate information on:<\/p>\n<p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">Employment<\/strong><\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Complete Income Tax Returns for past 2-years<\/li>\n<li data-uw-styling-context=\"true\">W-2 &amp; 1099 Statements for past 2-years<\/li>\n<li data-uw-styling-context=\"true\">Pay-Check Stubs for past 2-months<\/li>\n<li data-uw-styling-context=\"true\">Self-Employed Income Tax Returns and YTD Profit &amp; Loss Statements for past 3-years for self-employed borrowers<\/li>\n<\/ul>\n<p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">Savings<\/strong><\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Complete bank statements for all accounts for past 3-months<\/li>\n<li data-uw-styling-context=\"true\">Recent account statements for retirement, 401k, Mutual Funds, Money Market, Stocks, etc.<\/li>\n<\/ul>\n<p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">Credit<\/strong><\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Recent bills &amp; statements indicating account numbers and minimum payments<\/li>\n<li data-uw-styling-context=\"true\">Landlord&#8217;s name, address, telephone number, or 12- months cancelled rent checks<\/li>\n<li data-uw-styling-context=\"true\">Recent utility bills to supplement thin credit<\/li>\n<li data-uw-styling-context=\"true\">Bankruptcy &amp; Discharge Papers if applicable<\/li>\n<li data-uw-styling-context=\"true\">12-months cancelled checks written by someone you co-signed for to get a mortgage, car, or credit card, this indicates that you are not the one making the payments.<\/li>\n<\/ul>\n<p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">Personal<\/strong><\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Drivers License<\/li>\n<li data-uw-styling-context=\"true\">Social Security Card<\/li>\n<li data-uw-styling-context=\"true\">Any Divorce, Palimony or Alimony or Child Support papers<\/li>\n<li data-uw-styling-context=\"true\">Green Card or Work Permit if applicable<\/li>\n<li data-uw-styling-context=\"true\">Any homeownership papers<\/li>\n<\/ul>\n<p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">Refinancing or Own Rental Property<\/strong><\/p>\n<ul data-uw-styling-context=\"true\">\n<li data-uw-styling-context=\"true\">Note &amp; Deed from any Current Loan<\/li>\n<li data-uw-styling-context=\"true\">Property Tax Bill<\/li>\n<li data-uw-styling-context=\"true\">Hazard Homeowners Insurance Policy<\/li>\n<li data-uw-styling-context=\"true\">A Payment Coupon for Current Mortgage<\/li>\n<li data-uw-styling-context=\"true\">Rental Agreements for a Multi-Unit Property<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How Big of a FHA Loan Can I Afford?&#8221; open_toggle_text_color=&#8221;#FFFFFF&#8221; open_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; closed_toggle_text_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;RGBA(255,255,255,0)&#8221; icon_color=&#8221;#FFFFFF&#8221; toggle_icon=&#8221;&#xf078;||fa||900&#8243; open_icon_color=&#8221;#FFFFFF&#8221; open_toggle_icon=&#8221;&#xf077;||fa||900&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font=&#8221;|700|||||||&#8221; title_font_size=&#8221;18px&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; body_text_color=&#8221;#000000&#8243; hover_enabled=&#8221;0&#8243; custom_css_toggle_title=&#8221;background-color: #2A2A6A&#8221; border_width_all=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p data-uw-styling-context=\"true\">FHA Loan ratios are more lenient than a typical conventional loan.<\/p>\n<p data-uw-styling-context=\"true\"><a href=\"http:\/\/ggmortgage.loanzify.io\/register?main\" target=\"_blank\" rel=\"noopener\">Apply Now<\/a> To See How Much You Can Afford.<\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.15.1&#8243; _module_preset=&#8221;default&#8221; global_module=&#8221;1113&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221; da_disable_devices=&#8221;off|off|off&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#FFFFFF&#8221; z_index=&#8221;999&#8243; custom_padding=&#8221;30px|29px|25px|29px|false|true&#8221; border_radii=&#8221;on|10px|10px|10px|10px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_color=&#8221;rgba(110,130,208,0.17)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_contact_form captcha=&#8221;off&#8221; email=&#8221;dterrell@ggmortgage.com&#8221; title=&#8221;Get In Touch With Us&#8221; success_message=&#8221;Enquiry Received&#8221; _builder_version=&#8221;4.16.1&#8243; _module_preset=&#8221;default&#8221; _unique_id=&#8221;c96333f7-ce6b-451d-b00f-8d89ae9df692&#8243; form_field_background_color=&#8221;#FFFFFF&#8221; form_field_text_color=&#8221;#000000&#8243; form_field_focus_background_color=&#8221;#FFFFFF&#8221; form_field_focus_text_color=&#8221;#000000&#8243; title_font=&#8221;Nunito|700|||||||&#8221; title_text_color=&#8221;#000000&#8243; title_font_size=&#8221;38px&#8221; form_field_font=&#8221;Mulish||||||||&#8221; form_field_font_size=&#8221;16px&#8221; form_field_line_height=&#8221;1.9em&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;18px&#8221; button_text_color=&#8221;#FFFFFF&#8221; button_bg_color=&#8221;#2a2a6a&#8221; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;100px&#8221; button_font=&#8221;Mulish||||||||&#8221; button_use_icon=&#8221;off&#8221; button_custom_padding=&#8221;12px|45px|12px|45px|true|true&#8221; border_radii=&#8221;on|5px|5px|5px|5px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;rgba(36,50,74,0.4)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_contact_field field_id=&#8221;First_Name&#8221; field_title=&#8221;Enter Your First Name&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Last_Name&#8221; field_title=&#8221;Enter Your Last Name&#8221; _builder_version=&#8221;4.16.1&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Email&#8221; field_title=&#8221;Enter Email Address&#8221; field_type=&#8221;email&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Phone_Number&#8221; field_title=&#8221;Enter Phone Number&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Loan_Type&#8221; field_title=&#8221;Loan Type&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22Purchase Loan%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22Refinance Loan%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22Debt Consolidation%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22Home Equity%22,%22checked%22:0,%22dragID%22:2}%93&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Credit_History&#8221; field_title=&#8221;Credit History&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22Excellent%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22Good%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22Fair%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22Poor%22,%22checked%22:0,%22dragID%22:2}%93&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Loan_Amount&#8221; field_title=&#8221;Loan Amount&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22Less than $70,000%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22$70,0001 &#8211; $80,000%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22$80,001 &#8211; $90,000%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22$90,001 &#8211; $100,000%22,%22checked%22:0,%22dragID%22:2},{%22value%22:%22$100,001 &#8211; $110,000%22,%22checked%22:0,%22dragID%22:3},{%22value%22:%22$110,001 &#8211; $120,000%22,%22checked%22:0,%22dragID%22:4},{%22value%22:%22$120,001 &#8211; $130,000%22,%22checked%22:0,%22dragID%22:5},{%22value%22:%22$130,001 &#8211; $140,000%22,%22checked%22:0,%22dragID%22:6},{%22value%22:%22$140,001 &#8211; $150,000%22,%22checked%22:0,%22dragID%22:7},{%22value%22:%22$150,001 &#8211; $160,000%22,%22checked%22:0,%22dragID%22:8},{%22value%22:%22$160,001 &#8211; $170,000%22,%22checked%22:0,%22dragID%22:9},{%22value%22:%22$170,001 &#8211; $180,000%22,%22checked%22:0,%22dragID%22:10},{%22value%22:%22$180,001 &#8211; $190,000%22,%22checked%22:0,%22dragID%22:11},{%22value%22:%22$190,001 &#8211; $200,000%22,%22checked%22:0,%22dragID%22:12},{%22value%22:%22$200,001 &#8211; $210,000%22,%22checked%22:0,%22dragID%22:13},{%22value%22:%22$210,001 &#8211; $220,000%22,%22checked%22:0,%22dragID%22:14},{%22value%22:%22$220,001 &#8211; $230,000%22,%22checked%22:0,%22dragID%22:15},{%22value%22:%22$230,001 &#8211; $240,000%22,%22checked%22:0,%22dragID%22:16},{%22value%22:%22$240,001 &#8211; $250,000%22,%22checked%22:0,%22dragID%22:17},{%22value%22:%22$250,001 &#8211; $260,000%22,%22checked%22:0,%22dragID%22:18},{%22value%22:%22$260,001 &#8211; $270,000%22,%22checked%22:0,%22dragID%22:19},{%22value%22:%22$270,001 &#8211; $280,000%22,%22checked%22:0,%22dragID%22:20},{%22value%22:%22$280,001 &#8211; $290,000%22,%22checked%22:0,%22dragID%22:21},{%22value%22:%22$290,001 &#8211; $300,000%22,%22checked%22:0,%22dragID%22:22},{%22value%22:%22$290,001 &#8211; $300,000%22,%22checked%22:0,%22dragID%22:23},{%22value%22:%22$300,001 &#8211; $325,000%22,%22checked%22:0,%22dragID%22:24},{%22value%22:%22$325,001 &#8211; $350,000%22,%22checked%22:0,%22dragID%22:25},{%22value%22:%22$350,001 &#8211; $375,000%22,%22checked%22:0,%22dragID%22:26},{%22value%22:%22$375,001 &#8211; $400,000%22,%22checked%22:0,%22dragID%22:27},{%22value%22:%22$375,001 &#8211; $400,000%22,%22checked%22:0,%22dragID%22:28},{%22value%22:%22$425,001 &#8211; $450,000%22,%22checked%22:0,%22dragID%22:29},{%22value%22:%22$450,001 &#8211; $475,000%22,%22checked%22:0,%22dragID%22:30},{%22value%22:%22$475,001 &#8211; $500,000%22,%22checked%22:0,%22dragID%22:31},{%22value%22:%22$500,001 &#8211; $525,000%22,%22checked%22:0,%22dragID%22:32},{%22value%22:%22$525,001 &#8211; $550,000%22,%22checked%22:0,%22dragID%22:33},{%22value%22:%22$550,001 &#8211; $575,000%22,%22checked%22:0,%22dragID%22:34},{%22value%22:%22$575,001 &#8211; $600,000%22,%22checked%22:0,%22dragID%22:35},{%22value%22:%22$600,001 &#8211; $625,000%22,%22checked%22:0,%22dragID%22:36},{%22value%22:%22$625,001 &#8211; $650,000%22,%22checked%22:0,%22dragID%22:37},{%22value%22:%22$650,001 &#8211; $675,000%22,%22checked%22:0,%22dragID%22:38},{%22value%22:%22$675,001 &#8211; $700,000%22,%22checked%22:0,%22dragID%22:39},{%22value%22:%22$700,001 &#8211; $725,000%22,%22checked%22:0,%22dragID%22:40},{%22value%22:%22$725,001 &#8211; $750,000%22,%22checked%22:0,%22dragID%22:41},{%22value%22:%22$750,001 &#8211; $775,000%22,%22checked%22:0,%22dragID%22:42},{%22value%22:%22$775,001 &#8211; $800,000%22,%22checked%22:0,%22dragID%22:43},{%22value%22:%22$800,001 &#8211; $825,000%22,%22checked%22:0,%22dragID%22:44},{%22value%22:%22$825,001 &#8211; $850,000%22,%22checked%22:0,%22dragID%22:45},{%22value%22:%22$850,001 &#8211; $875,000%22,%22checked%22:0,%22dragID%22:46},{%22value%22:%22$875,001 &#8211; $900,000%22,%22checked%22:0,%22dragID%22:47},{%22value%22:%22$900,001 &#8211; $925,000%22,%22checked%22:0,%22dragID%22:48},{%22value%22:%22$925,001 &#8211; $950,000%22,%22checked%22:0,%22dragID%22:49},{%22value%22:%22$950,001 &#8211; $975,000%22,%22checked%22:0,%22dragID%22:50},{%22value%22:%22$975,001 &#8211; $1,000,000%22,%22checked%22:0,%22dragID%22:51},{%22value%22:%22$1,000,001 &#8211; $1,100,000%22,%22checked%22:0,%22dragID%22:52},{%22value%22:%22$1,100,001 &#8211; $1,200,000%22,%22checked%22:0,%22dragID%22:53},{%22value%22:%22$1,200,001 &#8211; $1,300,000%22,%22checked%22:0,%22dragID%22:54},{%22value%22:%22$1,300,001 &#8211; $1,400,000%22,%22checked%22:0,%22dragID%22:55},{%22value%22:%22$1,400,001 &#8211; $1,500,000%22,%22checked%22:0,%22dragID%22:56},{%22value%22:%22$1,400,001 &#8211; $1,500,000%22,%22checked%22:0,%22dragID%22:57},{%22value%22:%22$1,500,000+%22,%22checked%22:0,%22dragID%22:58}%93&#8243; _builder_version=&#8221;4.16.1&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Property_Value&#8221; field_title=&#8221;Property Value&#8221; field_type=&#8221;select&#8221; select_options=&#8221;%91{%22value%22:%22Less than $70,000%22,%22checked%22:0,%22dragID%22:-1},{%22value%22:%22$70,0001 &#8211; $80,000%22,%22checked%22:0,%22dragID%22:0},{%22value%22:%22$80,001 &#8211; $90,000%22,%22checked%22:0,%22dragID%22:1},{%22value%22:%22$90,001 &#8211; $100,000%22,%22checked%22:0,%22dragID%22:2},{%22value%22:%22$100,001 &#8211; $110,000%22,%22checked%22:0,%22dragID%22:3},{%22value%22:%22$110,001 &#8211; $120,000%22,%22checked%22:0,%22dragID%22:4},{%22value%22:%22$120,001 &#8211; $130,000%22,%22checked%22:0,%22dragID%22:5},{%22value%22:%22$130,001 &#8211; $140,000%22,%22checked%22:0,%22dragID%22:6},{%22value%22:%22$140,001 &#8211; $150,000%22,%22checked%22:0,%22dragID%22:7},{%22value%22:%22$150,001 &#8211; $160,000%22,%22checked%22:0,%22dragID%22:8},{%22value%22:%22$160,001 &#8211; $170,000%22,%22checked%22:0,%22dragID%22:9},{%22value%22:%22$170,001 &#8211; $180,000%22,%22checked%22:0,%22dragID%22:10},{%22value%22:%22$180,001 &#8211; $190,000%22,%22checked%22:0,%22dragID%22:11},{%22value%22:%22$190,001 &#8211; $200,000%22,%22checked%22:0,%22dragID%22:12},{%22value%22:%22$200,001 &#8211; $210,000%22,%22checked%22:0,%22dragID%22:13},{%22value%22:%22$210,001 &#8211; $220,000%22,%22checked%22:0,%22dragID%22:14},{%22value%22:%22$220,001 &#8211; $230,000%22,%22checked%22:0,%22dragID%22:15},{%22value%22:%22$230,001 &#8211; $240,000%22,%22checked%22:0,%22dragID%22:16},{%22value%22:%22$240,001 &#8211; $250,000%22,%22checked%22:0,%22dragID%22:17},{%22value%22:%22$250,001 &#8211; $260,000%22,%22checked%22:0,%22dragID%22:18},{%22value%22:%22$260,001 &#8211; $270,000%22,%22checked%22:0,%22dragID%22:19},{%22value%22:%22$270,001 &#8211; $280,000%22,%22checked%22:0,%22dragID%22:20},{%22value%22:%22$280,001 &#8211; $290,000%22,%22checked%22:0,%22dragID%22:21},{%22value%22:%22$290,001 &#8211; $300,000%22,%22checked%22:0,%22dragID%22:22},{%22value%22:%22$290,001 &#8211; $300,000%22,%22checked%22:0,%22dragID%22:23},{%22value%22:%22$300,001 &#8211; $325,000%22,%22checked%22:0,%22dragID%22:24},{%22value%22:%22$325,001 &#8211; $350,000%22,%22checked%22:0,%22dragID%22:25},{%22value%22:%22$350,001 &#8211; $375,000%22,%22checked%22:0,%22dragID%22:26},{%22value%22:%22$375,001 &#8211; $400,000%22,%22checked%22:0,%22dragID%22:27},{%22value%22:%22$400,001 &#8211; $425,000%22,%22checked%22:0,%22dragID%22:28},{%22value%22:%22$425,001 &#8211; $450,000%22,%22checked%22:0,%22dragID%22:29},{%22value%22:%22$450,001 &#8211; $475,000%22,%22checked%22:0,%22dragID%22:30},{%22value%22:%22$475,001 &#8211; $500,000%22,%22checked%22:0,%22dragID%22:31},{%22value%22:%22$500,001 &#8211; $525,000%22,%22checked%22:0,%22dragID%22:32},{%22value%22:%22$525,001 &#8211; $550,000%22,%22checked%22:0,%22dragID%22:33},{%22value%22:%22$550,001 &#8211; $575,000%22,%22checked%22:0,%22dragID%22:34},{%22value%22:%22$575,001 &#8211; $600,000%22,%22checked%22:0,%22dragID%22:35},{%22value%22:%22$600,001 &#8211; $625,000%22,%22checked%22:0,%22dragID%22:36},{%22value%22:%22$625,001 &#8211; $650,000%22,%22checked%22:0,%22dragID%22:37},{%22value%22:%22$650,001 &#8211; $675,000%22,%22checked%22:0,%22dragID%22:38},{%22value%22:%22$675,001 &#8211; $700,000%22,%22checked%22:0,%22dragID%22:39},{%22value%22:%22$700,001 &#8211; $725,000%22,%22checked%22:0,%22dragID%22:40},{%22value%22:%22$725,001 &#8211; $750,000%22,%22checked%22:0,%22dragID%22:41},{%22value%22:%22$750,001 &#8211; $775,000%22,%22checked%22:0,%22dragID%22:42},{%22value%22:%22$775,001 &#8211; $800,000%22,%22checked%22:0,%22dragID%22:43},{%22value%22:%22$800,001 &#8211; $825,000%22,%22checked%22:0,%22dragID%22:44},{%22value%22:%22$825,001 &#8211; $850,000%22,%22checked%22:0,%22dragID%22:45},{%22value%22:%22$850,001 &#8211; $875,000%22,%22checked%22:0,%22dragID%22:46},{%22value%22:%22$875,001 &#8211; $900,000%22,%22checked%22:0,%22dragID%22:47},{%22value%22:%22$900,001 &#8211; $925,000%22,%22checked%22:0,%22dragID%22:48},{%22value%22:%22$925,001 &#8211; $950,000%22,%22checked%22:0,%22dragID%22:49},{%22value%22:%22$950,001 &#8211; $975,000%22,%22checked%22:0,%22dragID%22:50},{%22value%22:%22$975,001 &#8211; $1,000,000%22,%22checked%22:0,%22dragID%22:51},{%22value%22:%22$1,000,001 &#8211; $1,100,000%22,%22checked%22:0,%22dragID%22:52},{%22value%22:%22$1,100,001 &#8211; $1,200,000%22,%22checked%22:0,%22dragID%22:53},{%22value%22:%22$1,200,001 &#8211; $1,300,000%22,%22checked%22:0,%22dragID%22:54},{%22value%22:%22$1,300,001 &#8211; $1,400,000%22,%22checked%22:0,%22dragID%22:55},{%22value%22:%22$1,400,001 &#8211; $1,500,000%22,%22checked%22:0,%22dragID%22:56},{%22value%22:%22$1,500,000+%22,%22checked%22:0,%22dragID%22:57}%93&#8243; _builder_version=&#8221;4.16.1&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MORTGAGE BASICSFHA LoansIn 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home. FHA does not make home loans, it insures a loan; should [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":1140,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/pages\/1264"}],"collection":[{"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/comments?post=1264"}],"version-history":[{"count":4,"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/pages\/1264\/revisions"}],"predecessor-version":[{"id":1820,"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/pages\/1264\/revisions\/1820"}],"up":[{"embeddable":true,"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/pages\/1140"}],"wp:attachment":[{"href":"https:\/\/ggmortgage.com\/wp-json\/wp\/v2\/media?parent=1264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}