What are the FHA loan requirements in Hennepin County? Many home buyers today in Hennepin county are asking this question as FHA loans offer some very attractive terms.
The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created. Learn more about FHA loan requirements and guidelines in Hennepin County. (Source FHA.com)
FHA loan limits in Hennepin County:
$365,000 Single Family
FHA loan requirements in Hennepin County allow plenty of room to purchase a very nice home with the attractive loan limits. For a free list of homes for sale in Hennepin County that fit FHA guidelines contact our FHA experienced Realtor here and we will reply right away and send you homes that fit your needs.
While there are many mortgage companies in Hennepin County that offer FHA home loans make sure you work with a reputable one. An experienced FHA loan officer in Hennepin County can help you with a FHA pre-approval, closing costs, FHA requirements and all your FHA loan questions.
If you would like any help buying a home in Hennepin County using an FHA loan call The Derrick Monroe Group today at 612-282-7653.
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