Your Chesapeake source for FHA home mortgage loans. American Brokerage can handle all of your mortgage home loan needs

FHA Home Loans in Chesapeake

American Brokerage is a HUD approved Chesapeake, Virginia mortgage lender. The FHA home loan provides easier access to low rate mortgage programs designed for low to moderate income families. If you are a first time home buyer, have little savings, or have credit dings, our FHA mortgage program may best meet your needs more so than the typical conventional home loan programs.

Call American Brokerage at 800-874-8760 or apply on line with our quick, secure application and get an answer on your FHA Home Loan in Chesapeake the same day!

The FHA Product Line Offers:

30 Year Fixed Rate Mortgage
15 Year Fixed Rate Loans
1 Year ARM Program
Streamline Refinancing

Facts that make the FHA Loan ideal for the average home buyer:

The Program is credit driven rather than based upon a credit score.
High Approval Flexibility for Credit problems.
No credit history is required to be eligible for a home loan.
College acts as your job history for those new to the work force.
You can finance these residential property types: Single Family Homes, Duplex, Townhouse, Condo's and Manufactured Homes with land.
Works easily with Grants and Charities that assist home buyers with Down Payment money.
Typically up to 6% in seller concessions are allowed.
Everyone is eligible with no income restrictions.
Interest Rates are typically lower than comparable conventional rates.
Absolutely no prepayment penalties are allowed.

Call American Brokerage at 800-874-8760 or apply on line with our quick, secure application and get an answer on your FHA Home Loan in Chesapeake the same day!