Affordable homeownership starts here with FHA loans from Mann Mortgage!
America's most used Affordable Housing program gives you great rates with minimal down payment and flexible credit options.
What are FHA home loans?
Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.
at a glance.
- Down payment as low as 3.5%
- Low credit score qualifying
- No income limits
- Allows for a non-occupant co-borrower to help you qualify
- 6% maximum seller contribution
- Properties must meet HUD guidelines
- Mortgage insurance required and may be financed into the loan.
- Low closing costs
- Flexible requirements
Understanding the FHA Loan Process in the Salem Office:
Begin by obtaining pre-approval, where you provide necessary documentation to determine the loan amount you qualify for.
The property you intend to purchase must meet FHA standards to ensure its safety and habitability. Submit a comprehensive loan application, detailing your financial situation, employment history, and property information.
We will review your application and documentation to assess your eligibility and determine the loan terms.
Once your loan is approved, you’ll finalize the transaction by signing the required paperwork, officially becoming a homeowner.
Applying for a home has
never been easier
Our quick and secure process takes less than 10 minutes to apply.
Learn more about
Let's get you home.
Flexible requirements, low credit score qualifying, & as little as 3% down. Our local loan experts will help guide you.