FHA Mortgage
FHA Mortgages make it easier to purchase the home of your dreams
Application to Closing Faster With an FHA Mortgage from Warsaw Federal
The Federal Housing Administration home loan program is designed to help people who might not qualify for standard mortgages purchase the home of their dreams. Terms for FHA Mortgages are more generous than terms for standard mortgages.
FHA Mortgage Features can Include:
- Lower interest rates
- As little as 3.5 percent down payment
- Allowing your entire down payment to be a gift
- Allowing lower credit scores
- Fixed and adjustable rate mortgages (ARMs)
- Rate protection so your ARM interest rate won’t go up too quickly
- Fixed rate mortgage terms of your choice, from 8–30 years
- Mortgages for purchase or refinance
If you’ve been putting off purchasing a home, or you’re paying a higher interest rate and your financial situation has changed, an FHA Mortgage may be the opportunity you’ve been waiting for.
Our average time from application to closing is less than a month. Get your FHA Mortgage from Warsaw Federal and move in to your dream home sooner.
Apply Online for Faster FHA Mortgage Approval
Start today. Make your home search more efficient by getting approved for your FHA Mortgage.
Click here to fill out a loan application
Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. This is not a credit decision or a commitment to lend. To guarantee a rate, you must submit an application to Warsaw Federal Savings and Loan and receive confirmation from a mortgage loan officer that your rate is locked. Application can be made by calling 513-258-0899, by applying online, or by meeting with a mortgage loan officer.