305-788-3730
sellington@tcmtge.com
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Sandra Ellington

NMLS ID 917291

305-788-3730 sellington@tcmtge.com

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Keys to your Home

FHA LOANS

FHA loan is a type of mortgage insured by the Federal Housing Administration (FHA). Borrowers are obligated to purchase mortgage insurance designed to protect the lender from the risk of default. FHA loans tend to be lenient as compared to the conventional loans, requiring lower credit scores and with down payment as low as 3.5 percent. It also allows