FHA Loans
FHA Loans
An FHA (Federal Housing Administration) Loan is a mortgage that’s insured by the federal government and offered through FHA-approved lenders.
FHA Loans have more flexible credit score requirements and are a good option for borrowers who may not have saved enough for a large down payment. You can finance an FHA Loan with a down payment as low as 3.5%*, making it an affordable mortgage option for millions of home buyers, especially first-time home buyers.
*FHA Payment example: If you bought a $350,000 home with a down payment of 3.5%, for a loan amount of $337,750, on a 30 year loan at a fixed rate of 6.0% (6.10% APR), and a $157/month private mortgage insurance payment, you would make 360 monthly payments of $2,204.00. Payment stated does not include taxes and insurance, which will result in a higher payment.
Branch Manager at CMG Home Loans
NMLS #: 210951
© Copyrights by CMG Home Loans
All Rights Reserved.
433 Hackensack Avenue, 5th Floor
Hackensack, NJ 07601
Branch Manager at CMG Home Loans
NMLS #: 210951
© Copyrights by CMG Home Loans
All Rights Reserved.
433 Hackensack Avenue, 5th Floor
Hackensack, NJ 07601
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Anthony Barber, Branch Manager at CMG Home Loans, MLO NMLS ID#210951
CMG Mortgage, Inc. dba CMG Home Loans, NMLS# 1820, is an equal housing lender. AZ license #1037311. licensed by the Department of Financial Protection and Innovation (DFPI) under the California Residential Mortgage Lending Act No. 4150025. Georgia Residential Mortgage Licensee #15438. Kansas Licensed Mortgage Company #MC.0001160. Massachusetts Mortgage Broker and Lender MC1820. Licensed by the New Hampshire Banking Department. Licensed by the NJ Department of Banking and Insurance. Licensed Mortgage Banker-NYS department of financial services. Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000. Licensed by the Oregon Division of Financial Regulation #ML-3000. CMG Mortgage, Inc. is an equal housing lender. Tennessee Mortgage License # 109401. Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending. Licensed by the Virginia State Corporation Commission #MC-5521 Licensed by the Washington Department of Financial Institutions under the Consumer Loan Act No. CL-1820.
To verify our complete list of state licenses, please visitwww.cmgfi.com/corporate/licensingandwww.nmlsconsumeraccess.org.