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Mortgage Miracles Happen is an FHA mortgage loan lender headquartered in Utah that offers FHA Loans in Arizona, Colorado, Florida, Idaho, Texas, Utah, Wyoming for the purchase of homes.

FHA Loans are widely used to purchase homes not only for first time home buyers but for those that need an alternative to a conventional loan. There are many reasons why an FHA loan may be the right solution compared to a conventional loan.

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Down Payment Requirements for FHA Purchase Loans

Only 3.5% of the purchase price is required for the down payment of an FHA purchase mortgage loan.

For every $100,000 of purchase prices, $3,500 is required for the down payment.

DTI (Debt-to-Income) Ratio’s

We allow up to 56% back end debt ratio.

Back end debt ratio is the housing expense plus all other debts combined divided by gross monthly income.

Apply Now for an FHA purchase loan

FHA – Lower Interest Rates than Conventioanl Loans
FHA Mortgage Loans have lower interest rates than conventional loans.

Why? The loan is insured by the FHA (Federal Housing Authority (a division of HUD, Housing & Urban Authority).

Fast Fundings for Loans
We fund FHA purchase loan is as quick at 14  days up to 23 days!

Loan Terms available for FHA Loans:
Fixed Loans

Apply Now for an FHA loan,

FHA purchase loans or an FHA refinance loan or an FHA Streamline Refinance Loan.

FHA Mortgage Loans we fund are:

Apply Now for an FHA purchase loan

Contact us for a loan specialists to purchase a home now using an FHA mortgage loan.

Mortgage Miracles Happen is an FHA mortgage loan broker (mortrgage lender) in Arizona, Colorado, Florida, Idaho, Texas, Utah, Wyoming.

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