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Connecticut Mortgage: FHA Home Loans For First Time Home Buyers

FHA loans are extremely beneficial and one of the top go-to loan programs for first time home-buyers. Whether you are just starting your career or have been in the work force for a while – FHA Loans are a great program.


Here are the benefits to the program:


  • Very low rates, historically

  • Higher Debt To Income Ratios than Conventional Mortgages

  • A Perfect Credit Score NOT required! FHA Loans can typically be a 580 Fico and higher

  • Low Down payment (typically 3.5% minimum down payment)

  • And more!


Give me a call today – I will gladly help you learn more about this program and assist every step of the way.   I look forward to our discussion and I look forward to working with you!


Thank you!


Ramazan Sinani
Mortgage Loan Originator
Northeast Financial
NMLS: 1590862  Company NMLS: 117273
Cell: 203-695-6858   Fax: 203-413-6240

FHA Disclosure

NMLS# 117273, Northeast Financial, 860-788-7237

The principal and interest payment on a 203,500 30 year FHA fixed rate loan at 3.25% on 96.5% loan to value is 1,025.99 with 0 points due at closing.  The APR is 4.491%.  Payments include a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and monthly MIP is calculated at .85% of the base loan amount.  The .85% monthly MIP is required for a specific period of time regardless of your down payment or equity in your home.  The principal, mortgage insurance, and interest payment does not include property taxes or home owner’s insurance premiums, which will result in a higher actual monthly payment.  Rates current as of 6/26/17