Home Loans Arizona - California - Nevada - Utah

Quartzsite Arizona FHA mortgages are insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers; rather, it provides protection through mortgage insurance (MIP) against losses as the result of homeowners defaulting on their mortgage loan. It’s this protection that makes it possible for mortgage lenders to provide insured Quartzsite Arizona FHA home loans.



Available to all Quartzsite Arizona residents, FHA loan programs are primarily designed to help low- and moderate-income families who do not meet requirements for conventional loans that adhere to more strict underwriting guidelines. 

However, there are cases in which borrowers who are eligible for conventional financing would still choose a FHA home loan over a conventional mortgage.

Quartzsite Arizona FHA home loan programs are particularly beneficial to those buyers with less available cash. The rates on Quartzsite Arizona FHA loans are generally market rates, while down payment requirements are lower than most conventional loans. The FHA mortgage program has been helping people become homeowners since 1934 and is easier to qualify for an FHA loan in many cases.

Buying your first home in Quartzsite Arizona? 

FHA loans are a great option for first time home buyers - and if this is your first home purchase, then a Quartzsite Arizona FHA home loan is probably your best option due to the low down payment and easier credit standards. Your down payment can be as low as 3.5% of the purchase price, and closing costs and fees can be covered by the seller. 

Ready to get qualified for FHA purchase home loan program in Quartzsite Arizona? Call Nathan Rufty at (623) 850-1210.