FHA
The Four Star Mortgage team, a leader in government mortgage financing, has been helping dreams become reality for Michigan families since 1981.
FHA loans assist buyers in low or no down payment loans. Combining an FHA loan with a down payment assistance program could allow a buyer to get into a mortgage with little or no money out of pocket. FHA loans are traditional credit sources; such as rental, phone, consumers and insurance payment histories.
Four Star Mortgage originates, processes, underwrites and closes the loan locally.
If you have questions about the mortgage loan process, you are not alone. Let the experiences mortgage loan specialists from Four Star guide you commonly asked questions below. Call us toll-free at (888) 633-9272 to discuss any additional questions you have.
Q: How can I find out my FICO (credit) score?
A: E-mail or call Four Star Mortgage.
Q: What paperwork/documentation do I need?
A: Most recent pay stub, last 2 years W-2's, most recent 2 months bank statements or e-mail or contact your Four Star Mortgage specialist.
Q: Are FHA appraisals more strict than traditional mortgages?
A: FHA has shifted from its historical emphasis on the repair of minor property deficiencies and now only requires repairs for those property conditions that are safety issues.
