FHA Loans in Wisconsin including Milwaukee, Racine, Madison, Appleton, Sun Prairie, Wausau, Waukesha

April 5, 2009 - PRLog -- Here are 7 ways Wisconsin FHA financing can help you qualify to purchase or refinance a home, or ways you can utilize FHA to help you  buy a home:

1. 3.5% Down Payment with seller concession available for purchases of up to 4 unit properties.

2. 3.5% Down payment can be from a gift.

3. Up to a 6% seller's concession can be used.

4. Low minimum credit score requirement to qualify, although a clean 12 month history is generally required.

5. 15 Year FHA Loans offer dramatically lower Mortgage Insurance.

6. A past Chapter 7 Bankruptcy will not disqualify a borrower, provided the the BK has been discharged 2 years and acceptable credit has been re-established. In some cases, a Ch. 7 may only need to be discharged 1 year if extenuating one-time circumstances can be proven.

7. Non-Occupant co-borrowers can help to add income to qualify an applicant.


Visit our FHA Mortgage page for additional Wisconsin FHA mortgage program requirements:
http://www.madisonmortgageguys.com/government_loans/fha_w...

Inlanta Mortgage is your Wisconsin FHA Mortgage Banker:

Toll Free: 877-240-5810 x106
mortgage-guru@www.madisonmortgageguys.com
http://www.madisonmortgageguys.com

Visit my blog at http://www.madisonmortgageguys.com/blogs-mortgage-guru/





Recent blog posts:
http://www.madisonmortgageguys.com/blogs-mortgage-guru/content/the-loan-process-for-first-time-home-buyers-in-wisconsin-and-illinois-including-milwaukee-chicago-and-madison/
http://www.madisonmortgageguys.com/blogs_brian_collins/content/ameristar-mortgage-your-illinois-and-wisconsin-mortgage-broker-including-chicago-madison-and-milwaukee/

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Inlanta Mortgage is your local Wisconsin mortgage lender offering fha mortgage loans, va loans, no money down, refinance, fha refinance, rural mortgage loans, 100% financing, jumbo and others to all residents of Wisconsin including Milwaukee and Madison