Your Local Source for Great FHA Home Loans

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FHA Mortgage

FHA mortgage loans are an attractive mortgage solution for a purchase or refinance because today's FHA mortgage rates are near historic lows. The guidelines are also flexible allowing more people to qualify. Whether you have had credit issues in the past or are simply looking to limit your down payment to 3.5%, an FHA loan might be an ideal home financing solution. Midwest Family Lending is one of the top FHA lenders in Sioux Falls, SD. Visit our local Sioux Falls, South Dakota office or call us today at 605-940-4428 to learn more. Learn More »

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What is a FHA Mortgage loan?

FHA stands for Federal Housing Administration (FHA) which is a governmental agency created in 1934 to improve housing standards and promote homeownership. Insured by the Federal Housing Administration, an FHA Loan offers easy qualification, low closing costs and low down payments, making them perfect for first-time homebuyers. One of the main advantages of an FHA Loan is that the credit criteria for a first time borrower aren’t as strict as conventional loans. This means that someone who may have had a few credit problems or has no credit history can still qualify for FHA financing. An FHA Loan may require less income to qualify. An FHA Streamline Refinance offers the same low interest rate and less strict credit criteria requirement but is completed fast and often requires no appraisal. Midwest Family Lending specializes in FHA Streamline Refinancing. The professionals at Midwest Family Lending have years of experience in providing FHA Loans for homebuyers.

Our local Sioux Falls, SD Area office is conveniently located in Sioux Falls, SD.

Midwest Family Lending Corporation

4320 S. Louise Avenue, Suite 102
Sioux Falls, SD 57106

Email:

info@midwestfamilylending.com

Phone:

605-940-4428

Fax:

605-413-4333

Hours

Monday 8:30 AM - 5:00 PM
Tuesday 8:30 AM - 5:00 PM
Wednesday 8:30 AM - 5:00 PM
Thursday 8:30 AM - 5:00 PM
Friday 8:30 AM - 5:00 PM

National Association of Mortgage Professionals
Urbandale Chamber of Commerce
Lending Integrity Seal

Testimonial

local home mortgage lending Molly was extremely helpful and available to us to walk us through each part of the process. She went above and beyond. I’ve bought two houses before and couldn’t tell you the names of our loan people. Molly was unforgettable with her customer service.
- Erin C.
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midwest family lending, mortgage lending, home loans, housing loans, conventional, fha, va, usda