For more information, please call (812)941-0926 or email info@smithbroady.com or better yet...stop by and visit us at 1114 E. 10th Street. Jeffersonville, IN 47130.

Federal Housing Administration (FHA)

•You may borrow up to 85% of the value of your home when you refinance to get cash out of your home or pay off debt.

•You can borrower up to 96.5% of the value of a home when you choose FHA as your purchase loan. That means you can buy a new home with only 3.5% of the purchase price down.

•Your entire 3.5% down payment can be gifted to you from a relative.

•You can also borrower up to 96.5% of the value of your home if you are refinancing with out taking cash out or consolidating other debts.

•FHA mortgages offer more flexible credit and income requirements than conventional mortgages.

•The seller of the home can contribute up to 6% of the purchase price of the home toward the closing costs as an incentive. This can reduce your out of pocket costs considerably.

Contact Us!

For more information, please call (812)941-0926 or email info@smithbroady.com.

1114 E. 10th Street Jeffersonville, IN 47130
812-941-0926812-941-0952

Smith Broady & Associates