FHA Loans

Eco Financial Inc. offers the FHA Loan option to its varied clientele with an idea to open the doors to owning their dream house.
The Federal Housing Administration (FHA) insures home loans, making it easier to qualify for a house purchase or refinance. We believe this loan option is more flexible as it has easier qualification standards to assist clients who may not be eligible for a conventional mortgage loan.
Ideal for first-time homebuyers with low to moderate incomes, the FHA loan option has relatively easier requirements and eligibility criteria. However, it is not necessary to be a first-time homebuyer to qualify for an FHA loan. Here is how you can benefit from this loan option:

Low down payment
Lower minimum credit score limits
Lenient credit requirements
Fixed- and adjustable-rate mortgages
Flexible income and credit requirements