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FHA Loans

FHA loans are designed to allow buyers without amazing credit, or who have experienced financial hardship, to own a home. They are a popular choice with first time buyers because they don’t require large down payments or perfect credit. These purchase loans are government insured, making it a low risk to the bank, which is why they are so often used for first time home buyers. At Spire Financial, we help you secure an amazing FHA loan with sometimes as little as 3.5 percent down.

Experience the Advantages of FHA Loans

A big advantage of FHA loans is they require low down payments. Additionally, these purchase loans are available from most lenders to provide a home mortgage for many would-be homeowners. This government insured loan is low risk to the bank and is often used for first time home buyers.

Low Closing Costs & Attainable Credit Rating

Closing costs vary according to the amount of your FHA purchase loan, but our loan specialists can help you pay less. Typical costs for an FHA loan fall into three categories: lender fees, title company fees, and a fee for an appraisal (if needed). There are many ways to have costs paid, including out-of-pocket, a lender credit, a seller credit, rolling them into your loan, or a combination of a few of these. Our team can help you explore options for your particular situation.

Spire Financial brings lending expertise to you. All of our loan officers offer personalized communication for every client, guiding them through the process. We can show you ways to maximize your finances and unlock future opportunities. Spire Financial keeps you in control of refinancing, debt consolidation, and home equity. Together, we can achieve your financial goals.



V.I.P. Mortgage, Inc. DBA Spire Financial does Business in Accordance with Federal Fair Lending Laws. NMLS ID 145502. For state specific licensing, visit V.I.P. Mortgage, Inc. is not acting on behalf of or at the direction of the FHA/HUD or the Federal Government. This product or service has not been approved or endorsed by any governmental agency, and this offer is not being made by any agency of the government. V.I.P. Mortgage, Inc. is approved to participate in FHA programs but the products and services performed by V.I.P. Mortgage, Inc. are not coming directly from HUD or FHA. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions may apply. This is not an offer to enter into an agreement. Not all customers will qualify.

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