What is a FHA Construction Loan
A Michigan FHA construction loan is a mortgage program offered by the Federal Housing Administration that allows a borrower to build a new home. This is a one time close home loan that does not require a separate construction loan and end loan. This allows a borrower to qualify once and lock in a low mortgage rate without re-qualifying and paying for closing costs twice.
Michigan FHA Construction Loan: We now offer FHA Construction Loans down to a 620 Credit Score!
For more information on FHA Construction Loans call us at 800-555-2098 or apply online today!
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