FHA Home Loan
An FHA loan provides a government backed loan with flexible qualifying criteria. Compared to conventional loans, FHA loans offer less strict credit requirements making this a popular loan for buying a home or refinancing. Save money with an FHA loan!
How it Works/Payments
- Pay your mortgage at any time without pre-payment penalties
- 30-, 25-, 20- and 15-year terms are all available with fixed rates
- 5-year adjustable-rate mortgage available
- Credit scores as low as 620 may qualify
- Refinance up to 97.75% of your primary home’s value
- Buy a home with as little as 3.5% down (primary home)
Got questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions and get you started with a great low rate today!
Working with Magnolia Bank
- We put YOU first.
- Magnolia Bank offers some of the most competitive rates in the Nation!
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans. Magnolia Bank will find you the loan that is right for you!!!
*Not all applicants will qualify
**Magnolia Bank is not affiliated with or acting on behalf of or at the direction of FHA, VA, USDA or the Federal Government.