FHA Loans

FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

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Licensing

Company NMLS# 405434

Josh McCarthy NMLS# 353918

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Contact Us

Josh McCarthy - Granite Mortgage
8687 Eagle Point Blvd
Lake Elmo, MN 55042

Hours:
MON-FRI 8AM - 5PM