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14th March 2016, 03:15 PM
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Join Date: May 2012
Re: Citibank FHA Loan Requirements

Federal Housing Administration Loan is a Government-Backed Program that Offers Fewer Restrictions on a Down payment and Qualifying Credit Score than Conventional Mortgages.

FHA Mortgages can be a Good choice for:

First-time buyers
Buyers with less than a 20% down payment
Buyers with a low credit score
Self-employed buyers
Buyers with limited employment history

FHA loans are available as both fixed rate and adjustable rate mortgages.

Citi offers FHA mortgages. If you are interested in an FHA mortgage, or have any questions regarding an FHA mortgage, call 1-800-248-4638 to speak with one of our mortgage representatives.

FHA Advantages:

Low or no Down Payment Required.
Seller can contribute up to 6% of sales price.
Flexible credit Guidelines
Gifts and down payment assistance accepted.
Non-occupant co-borrowers accepted.
Streamlined refinance programs that speed the closing process.
Closing costs can be rolled into the loan.

Interest Rate :


30 Year Fixed
3.875%
30 Year Fixed
3.625%

15 Year Fixed
3.375%
15 Year Fixed
3.125%


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