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We specialize in VA loans, FHA loans, USDA loans, first time homebuyers, and conventional mortgages. Contact us today! A Fixed-rate mortgage is a home loan with a fixed interest rate for the entire term of the loan. The Loan term is the period of time during which a loan must be repaid. For example, a 30-year fixed-rate loan has a term of 30 years.
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"We look forward to benefiting from the experience Veros has amassed in working with the GSEs and FHA," said Jeffrey London,
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Benefits of FHA Loans: Low Down Payments and Less strict credit score requirements. Typically an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit. For FHA loans, down payment of 3.5 percent is required for maximum financing.