Minimum 620 FICO
FHA High Balance is a loan program offered by the Federal Housing Administration (FHA) for homebuyers who need to borrow more than the standard FHA loan limit.
The FHA loan limit is the maximum amount that the FHA will insure for a mortgage in a particular area. In high-cost areas, the FHA loan limit is higher than the standard limit, and this is known as the FHA High Balance limit.
The FHA High Balance program allows borrowers to access the benefits of an FHA loan, such as lower down payment requirements and more flexible credit score requirements, while also being able to borrow a larger amount to purchase a home in a high-cost area.
If you are planning to buy a home in an area considered high cost, an FHA High Balance loan may be the best solution for you. At Arigato Capital, we are experienced in these kinds of FHA transactions and we’ll guide you through the entire loan process.
Features
Loan amounts up to $1,089,300 depending on home location
Available on primary residences
Condo financing available
Fast turnaround times
Disclosure
24 hours
Conditions
24 hours
Underwriting
24 hours
Closing 24 hours
Ready to get started?
Write to us, we will contact you within 30 minutes.
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