FHA Loans For…
Explore Second Home Financing
What will many FHA loan lenders tell you? It’s not possible to finance a second home with this type of loan. What will our lending experts tell you? There’s a solution for every situation.
You may be able to secure your second home occupancy through an FHA loan, as there are many exceptions to the primary home rule. Apply for an FHA loan to get started. Our mortgage masters will review your information and goals so that we can present lending solutions that set you up for success.
Making Homeownership Accessible to All
Insured by the Federal Housing Administration (FHA), these loans are great options for those with limited savings or less-than-perfect credit scores. It may even be possible to use an FHA loan to secure a second home or investment occupancy property. Schedule a complimentary consultation to learn more!
A Fast Path to Funding
In real estate investment, things move quickly. If you don't act fast on a property, you may lose the chance altogether. As homebuyers and investors with portfolios of 10+ short-term rentals, we understand that time is of the essence. Because we're a group under Movement Mortgage, a national lender, Team Parker:
- Creates our own smooth processes with speedy timelines
- Completes underwriting ourselves
- Funds loans right at closing
Getting you another step closer to financial freedom with help from an FHA loan. We're one of the top originating teams in the nation for a reason, and we're here to help you take advantage of every investment, second home occupancy, and primary home opportunity that comes your way.
Federal Housing Administration Loan Perks
Less Strict
An FHA loan is one of the easiest to qualify for. They’re especially great for buyers with less-than-perfect credit.
Affordable Down Payments
If you have a credit score of 580 or higher, you may be eligible for a down payment of only 3.5%!
Property Options
FHA loans aren’t only for single-unit properties. Eligible borrowers can finance a four-unit purchase.
Determine Your Eligibility
If you’re wondering if an FHA loan is the best financing option for your situation, let Wealth Builders Mortgage Group assist. Qualification depends on the type of property you’re interested in buying and your unique financial situation, so it’s best to speak with a lending expert before making any moves.
Book a complimentary call with Team Parker to discuss your FHA loan eligibility and options – if there’s a lending solution better suited to your goals, we’ll let you know!
The Team Parker Process
- Pre-approval consultation – We’ll discuss your situation, review your credit score, and learn about your cash-to-close reserves before examining your loan options.
- Pre-approval letter – Once approved, we’ll issue your pre-approval letter. Think of this as your ticket to shop the market, as it shows you’re a serious buyer.
- Explore purchase options – This is when you’ll hit the market, exploring available properties. Check in with us if any questions arise as you search!
- Lock in – You’ve found a place and made an offer that’s been accepted. Now that you’re under contract, we’ll set up your FHA loan and lock in your rates.
- Reap the rewards – All that’s left to do is enjoy the property and any generated investment occupancy income!
From pre-approval clear to close, we’re here for you.
In Their Own Words
What’s it like working with someone who will always go to bat for you, someone who has closed over $900M in transactions? Hear directly from those who have partnered with Team Parker to scale their real estate portfolio.
I appreciate the communication and timely action on everything along the way. I also like how easy it is to get in touch with someone when I needed to.
Marty W
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Coast-to-Coast Loan Coverage
We partner with investors and homebuyers all across the country. While based in Tennessee, Wealth Builders Mortgage Group is licensed in 42 states, and because we never give less than 100%, we’re going for all 50.
More Loans to Explore
Not sure if a Federal Housing Administration loan suits your goals? Team Parker offers several other financing options to explore because it’s your wealth; build it your way.
Build Wealth Through Real Estate
You deserve more than a loan officer – you deserve an experienced fellow investor and a dedicated support team ready to share their expertise with you. Start or diversify your portfolio by partnering with Wealth Builders Mortgage Group today.
