San Diego Mortgage Group now offers FHA financing with as little as 3% down. If you are thinking about buying a home, we can help. We offer the best loan programs in California. Our FHA loan programs offer lower down payments and are a good option for first-time homebuyers.
FHA insures the loan, lessening the lender's risk. The Federal Government started FHA financing to provide affordable home loans to qualified borrowers. A down payment of as little as 3% is a requirement, but this money can be gifted. The borrower pays an upfront insurance premium and a monthly premium. This money can be financed directly in the loan amount.
Contact us for more information on this loan program.
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