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

 

*Please visit our Disclosures page for more details for all loan types.