FHA Loans in Chandler

Helping First-Time Buyers in Phoenix

If you are a first-time homebuyer, have little money to put down on a house, and/or do not have the best credit rating, an FHA loan may be an ideal solution. FHA loans through the Michael Lara Group at Academy Mortgage are funded by Academy Mortgage, but the Federal Housing Administration insures them. They offer flexible guidelines and come in various options, and depending on your qualifications and needs, we can help you select an option that matches your specific situation.

Common FHA loans are as follows:

  • FHA 203(k) Renovation Loans
  • FHA Energy-Efficient Mortgages
  • FHA 203(b) Home Mortgage Loans

When you receive an FHA loan, your down payment may only need to be as low as 3.5% of the purchase price, and both fixed rate and adjustable rate mortgages are available. You will not be penalized by any prepayments, and 100% gift funds are acceptable for down payment and closing costs. To speak with one of our loan professionals about our programs, please contact the Michael Lara Group by reaching out to our office at (480) 246-3719 today!

Why Choose Us?

  • Exceptional Mortgage Service
  • Committed To Responsible Lending Practices
  • Providing Accurate & Relevant Mortgage Advice