(PRWEB) April 14, 2014
FHA Loan Matcher today released its mobile app for Apple’s itunes store. The mobile app allows for borrowers to get pre-qualified for a home purchase whether you are a first time home buyer or a borrower looking to refinance and existing Mortgage Loan and get some cash out for home improvements. The spring Real Estate market is getting into full swing so have an edge over other home shoppers by being pre-approved for your financing. It’s quick and simple, go to itunes on your Apple device today and get started.
Fran Collard a local Real Estate Agent says "This App is recommended all my buyers to get pre-qualified before going home shopping. I am excited now to be able to have them download an App on their phones while we are out shopping for homes!"
An FHA Loan allows for borrowers to put a low down payment and specializes in first time home buyer programs. All FHA Loans are insured by the Department of Housing and Urban Development (HUD). FHA understands that many homebuyers may have had some financial problems in the past or don't have a lot of money saved. That doesn't mean you can't buy a home. Because FHA insures your mortgage, lenders may be more willing to give loans with lower qualifying requirements, making it easier for you to qualify (or get an approval). Even if you have had credit problems such as bankruptcy, it may be easier for you to qualify for an FHA insured loan than a conventional loan.