Salt Lake City, Utah (PRWEB) January 16, 2014
Many home owners have known about traditional home loans, but they are not aware that Trillion offers FHA and VA loans Utah. They are premier home lenders of Salt Lake City and are excited to offer this great alternative, one that is often accompanied by low interest rates.
FHA loans give individuals who may not have qualified for a traditional home loan the great opportunity to become a home owner. FHA loans are insured by the Federal Housing Administration (FHA) and usually offer a low down payment. This has become the most popular type of home loan since it is the easiest for individuals to qualify for.
Purchasing a home can be an exciting and frustrating thing all at the same time for an individual. Getting qualified for a home loan can be a tedious process and Trillion Mortgage helps individuals get the process in the simplest manner. The purchase of a home is most likely the largest financial purchase an individual or family may make and Trillion wants to make sure they are there to help in every step of the process.
By offering low rates on FHA and VA loans Utah, they are taking some of the pressure off of their clients. There are some benefits to selecting a FHA home loan. There typically is a low down payment, low closing costs, and easy credit qualification. This can be ideal for a younger couple, first time buyer, or even for senior citizens. The company also offers reverse mortgages for seniors over the age of 62. The cost of making a home energy efficient can be included in the FHA loan which can be a very appealing feature to those who want to save money on their monthly energy bills. Manufactured and mobile homes can also be purchased on an FHA loan.
FHA loans make it easier for individuals who would not otherwise qualify for a traditional home loan to be able to purchase a home. It is also beneficial to the lender because the financial risk to them is lowered since mortgage insurance is required to be purchased by the borrower. Trillion brokers help consumers understand the ins and outs of an FHA loan and are excited to be FHA lenders. By offering new low interest rates, they are making it easy for individuals to realize the dream of owning a home. For more information, visit their website at http://www.trillionmortgage.com.