FHA Loans

FHA loans are an attractive option, as underwriting guidelines are less stringent and a home can be purchased with as little as a 3.5% down payment. There are no reserve requirements and the down payment can be a gift. FHA loans have no income restrictions and can be used in all areas such as Hanford, Lemoore, Corcoran and most surrounding areas.

The maximum loan amount for single family residences in Kings County is $271,050 and for Fresno County it is $281,750. The federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. Contact us at 559-589-6044 or email at loanofficers@macielmortgage.com