FHA Loan
What is a
FHA Loan?
Perfect for Low Down Payments!
Answer the following questions to get the ball rolling to purchase, refinance, build or renovate your new home.
Loan Purpose
Free Consultation
We will review your questions and help guide you through the FHA Loan Process. We are there for you from first phone call, to first key turn and long after.
Superior Rates
Let Us Shop The Market For You. We Know Our Loan Products and Compare Rates Across 1000's of Lenders to Find You The Best Rate For Your Loan.
Brokers Not Bankers
We Work For The Borrower, Not The Bank. Our Purpose is To Help You Achieve Your Lending Goals.
FHA Loans 101
FHA Programs
FHA Loans offer a wide variety of lending options. These options include but, are not limited to: Purchase, Renovation, Construction, Streamline and Refinancing Loans. We are experts in the FHA product catalog and are ready to answer all of your questions and help you make the right choice. Down Payment Assistance
We exhaust all possible scenarios to make sure we get the best home loan options for you. If you are looking for a low or no downpayment loan option, we have an in-house expert to work on the best possible scenarios to get you as close as possible to what you desire. FHA 203(k) Renovation Loan
The FHA 203(k) Renovation Loan allows eligible borrowers to combine the purchase or refinance of a home with the cost of repairs to that home. As FHA’s primary program for the rehabilitation and repair of homes, it is an important tool for community and neighborhood revitalization, as well as to expand homeownership opportunities.
FHA Refinance Loan
The FHA Streamline Refinance loan is a specialty loan program that provides homeowners with a simplified, low-cost refinancing option when moving from one FHA loan into a new one. This type of refinance does not require an appraisal or income verification, and in most cases there is minimal credit verification. 12 months of on-time mortgage payments and you should qualify.
FHA Construction Loan
A FHA One-Time Close (OTC), Construction-to-Permanent loan, provides all-in-one financing that combines the cost of home construction, lot purchase/land payoff and the permanent mortgage loan into a single closing. There are no mortgage payments required while the home is being constructed and most importantly, the interest rate is locked at the beginning of the process.
SATORI MORTGAGE
NMLS # 4190
Mortgage Broker
2808 West Broadway
Minneapolis, MN 55411
(866) 405-3697
info@satorimortgage.com
Complaints may be directed to:
Phone: (855) 906-6784 or
Email: compliance@satorimortgage.com
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Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV