Lima, IL FHA Home Loans
FHA home loans continue to be a popular mortgage choice for Lima home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like Lima since 1934. Simplified 2025 guidelines include easier qualifications with low down payments. Even better Lima consumers can keep their down payment in the bank with the help of the Lima FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. Lima FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near Lima, IL and ready to help. Connect with a licensed home FHA specialist, ask questions and find out if you qualify.
- 560 FICO – 10% Down
- 580 FICO – 3.5% Down – Call to Check Grant Eligibility
- 620 FICO – Eligible for Forgivable Grant for Down Payment or 3.5% Down.
- Gift funds can be used on FHA transactions if needed.
Mortgage Brokers offer Lower FHA Rates and Costs
When it comes to Lima, IL FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, Lima Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between Lima FHA wholesale and retail mortgage rates call (888)416-0920. A Lima, IL Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in Lima can work with all types of credit scores.
Working with Top Rated FHA Specialists
The Lima FHA Mortgage team is celebrating its 28th year in business. Our experience allows for consumer mortgage confidence especially with our FHA wholesale rate option. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just refinancing mortgage loans. Check out consumer first time homebuyer programs, USDA home loans, VA home loans and our customer reviews.
Get on the Path to Refinancing. We got your Back!
FHA Home Loan in Lima, IL
Get Pre-Qualified Now
FHA Benefits in Lima, IL
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near Lima, IL (888)416-0920.
Lima (/ˈliːmə/, Spanish pronunciation: [ˈlima], Quechua: [ˈlɪma], Aymara: [ˈlima]) is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central coastal part of the country, overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima Metropolitan Area. With a population of more than 9 million,[3] Lima is the most populous metropolitan area of Peru and the third-largest city in the Americas (as defined by “city proper”), behind São Paulo and Mexico City.
Lima was founded by Spanish conquistador Francisco Pizarro on January 18, 1535, as Ciudad de los Reyes in the agricultural region known by the Indians as Limaq, name that acquired over time. It became the capital and most important city in the Viceroyalty of Peru. Following the Peruvian War of Independence, it became the capital of the Republic of Peru (República del Perú). Around one-third of the national population lives in the metropolitan area.