Every family wants to end the day in a comfortable home. However, buying a home can be difficult if you have a low credit score. That's why Bank of England Mortgage based in Boston, Worcester, and Newburyport, MA offers FHA loans. These loans are great for buying or refinancing a home and can accommodate those with low credit scores.
Speak to one of our team members today about getting an FHA mortgage.
Are you considering getting a loan? You'll want a little insight into the different kinds of loans available to you. FHA loans are perfect for people who:
- Have lower credit scores
- Want to bring on a co-borrower for their loan
- Have a verifiable employment history for the last two years
As a viable option for potential homeowners with lower credit scores, FHA mortgages make homeownership possible for people from many different backgrounds. If you have any questions about these loans, contact us now.