FHA Loans
Discover low‑rate conventional mortgages with flexible terms, low down payments, and fast approvals.
Affordable Home Financing with FHA Loans
FHA loans—insured by the Federal Housing Administration—give first‑time and returning buyers an easier path to homeownership when credit or savings fall short. Put as little as 3.5 % down with scores from 580, finance 1‑4 unit homes and approved condos, and enjoy fixed rates that keep payments predictable. Generous debt‑to‑income guidelines acknowledge student loans and other obligations, while sellers can pay up to 6 % of closing costs and gift funds may cover the down payment. Our mortgage experts manage every step—pre‑approval, FHA appraisal, underwriting, and funding—so you close on time and with confidence.
Conventional financing suits first‑time buyers, growing families, second‑home seekers, and investors alike. Our team walks you through pre‑approval, paperwork, appraisal, and closing, negotiating with lenders so you lock in a competitive rate and close on time.
FHA Loan Highlights at a Glance
Key eligibility and savings features that make FHA mortgages a smart option for credit‑restrained or cash‑limited buyers. From flexible credit thresholds to higher seller concessions, here’s why the program remains one of the most widely used paths to U.S. homeownership.
- Down payment from 3.5 % with credit scores ≥ 580; 10 % down with scores 500‑579.
- Up to 6 % seller‑paid closing costs lowers your required cash at settlement.
- Flexible debt ratios; student loans calculated more leniently than most guidelines.
- Streamline refinance later—no appraisal needed—to lower your rate or payment in weeks.
Our Step‑by‑Step FHA Lending Process
Buying a home through The O’Kavage Group starts with a 15‑minute strategy call—phone, video, or in‑person—so we can map your goals, timeline, and budget. A soft credit pull (no score impact) plus quick income review confirms FHA eligibility. Within hours you receive a pre‑approval letter that strengthens offers.
Our digital borrower portal lets you upload paystubs and bank records from any device, track milestones, and message your loan team securely. While you shop we monitor rates and can issue updated letters on demand. Once under contract, we order the FHA appraisal and title work within 24 hours.
Former‑underwriter originators package your file to satisfy FHA guidelines upfront, so most loans reach Clear‑to‑Close in 10–14 business days. On signing day we coordinate with your agent and title company, review every line item, and remain on call for questions.
After closing we keep watch: annual mortgage reviews look for savings, and we alert you when a streamline refinance or conventional switch could eliminate monthly FHA insurance. Concierge lending from pre‑approval to lifelong savings.
Other Loan Types
How It Works
Getting you from application to closing
Our straightforward process makes getting approved for your mortgage simple and stress-free.
Step 1
Initial Consultation
We'll discuss your goals, review your finances, and explore loan options.
Step 2
Document Collection
We'll help you gather necessary paperwork and submit to our lender network.
Step 3
Evaluation and Approval
Your application gets reviewed and we keep you updated throughout the process.
Step 4
Disbursement Process
We coordinate with all parties to ensure a smooth closing on your new home.