Welcome to Network Funding, LP ~ FHA Resource Center   

A LOCAL FHA LENDER YOU CAN TRUST  

1. Are you looking to buy a home and you need assistance in a lower down payment and help with a lower credit score?  
2. Looking for a No Discount, No Origination Loans with low closing costs?
3. If you Lock in your rate with us you will receive a credit up to 1%* of your loan amount that can be applied to your closing costs. 
4. As an approved Lender with FHA, we offer no hassle Loan closings.
5. Refinance your current FHA with no Apprasial or Income Required. 

Call us 404-814-4634 or click here FHA Application.pdf

Click and let's see what we can do for you.

Q: How much Down Payment will I need to purchase a home?

A: Currently 3.5% of the purchase price - you may get a gift from a relative or employer for the full amount. We also offer HUD Financing for foreclosured properties for as little as $1,000.

Q: What is the minimum credit score requirements?

A: The lowest middle score of both borrower can not be below 600.

Q: I am buying a HomePath Home,  which loan is better , FHA or the Homepath product?

A: In most cases,  FHA because we can provide a much better long term rate than the HomePath product. Call us at 404.814.4634 ext 706 and ask us why.

Q: The home i'm looking at needs lots of major repairs, but we love the area. Is there a Loan that can help us?

A: You may want to look at the Renovation Loan Program- Learn More 

Refinance your current mortgage:

Q: I currently have a FHA mortgage - can I refinance?

A: Yes you can, and in some cases we will not need to see any income documents or assets - this will be considered a "StreamLine Refinance" 

Q: What is the maximum Loan to Value ( LTV)  FHA will loan on?

A: Up to 97.75% of your appraised value if you have a FHA loan and 95% if you are refinancing a Conventional Loan.

Call Us Today 404-814-4634 To Apply for a mortgage or get Todays Low FHA Rates. Find Out How Much Home You Can Qualify For.

 

FHA News from FHA.gov

FHA on FaceBook

Find out the Maximum Loan FHA will allow in your county

FHA Current Headlines

07/22/2011: No changes seen currently. Minimum talk about increasing the down payment requirements.

4/1/09:  Effective for all new loans as of April 1st, HUD will limit cash out refinance loans to 85% LTV

12/31/08: FHA Secure Program is discontinued.  Borrowers should look at the regular refinance programs or the Hope 4 Homeowners programs.

10/1/08: HOPE for Homeowners Guidelines released: H4H program is designed to help lenders and homeowners come to a workout solution. 

10/1/08: Use of Seller Funded downpayment programs is no longer allowed.  This includes programs like Ameridream, Partners in Charity, Nehemiah.

9/19/08: Converting Existing Homes to Rental:  FHA revises the treatment of these in an effort to avoid "Buy and Bail" scenarios.  See the new calculation in the other income section.

9/5/08: Revised Downpayment and Maximum Mortgage Requirements: Effective 10/1/08 all Seller funder down payment programs are eliminated.  New requirements now call for a 3.5% downpayment from the buyer.  Read more.

9/4/08: Moratorium on Risk Based Premiums: Effective for all loans originated on or after October 1st, 2008 HUD has suspended it's prior Mortgage Insurance Premium that took effect July 14 until September 30th, 2009. Get the correct MI premium here. - posted 1/2/2009 6:10:35 AM

5/7/08: Expansion of FHA Secure: Effective for loans originated on or after July 14th, FHA has expanded the FHA Secure program to help more homeowners. Read more about the program under the FHA Secure tab or link. - posted 1/2/2009 6:09:34 AM

NEW MORTGAGE INSURANCE PREMIUMS TO TAKE EFFECT JULY 14, 2008 Read about the new risk based mortgage insurance premiums. - posted 10/9/2008 12:46:14 PM

If you prefer a secured application site - Click Here

* percentage of lender rebate will vary based on the rate.