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Your mortgage should not be one-size-fits-all

The type of mortgage you use to finance your home influences how much you need for the down payment, whether or not you will need mortgage insurance, and how long it will take you to pay off your loan.

The best way to find out what mortgage is best for your home purchase is to get preapproved with a CMG Financial loan officer. Mortgage preapproval will give you a realistic idea of your down payment and budget and give you more negotiating power when you make an offer.

FHA Loan

FHA Loans are a great option for first-time home buyers and low-to-moderate income buyers. The FHA Loan is a government-backed mortgage insured by the Federal Housing Administration (FHA), so borrowers can secure a reasonable interest rate with a lower down payment.

FHA Loan Fast Facts

FHA High Balance Fixed are available for homes in higher-cost areas.
CMG Financial is approved by the Federal Housing Administration to issue FHA Loans.
CMG FINANCIAL * 3160 CROW CANYON RD, SUITE 400, SAN RAMON, CA 94583 * NMLS# 1763388