FHA Delaware Home Loans

Delaware FHA program opens up opportunities that conventional mortgages do not offer:

• Expanded Debt Ratios to 29%/41%
• Non-traditional credit history is considered
• Expanded credit criteria.
• All of the down payment may be gifted
• Seller may contribute up to 6% toward the closing costs.
• Non-occupant cosigners are allowed.
• 401-k loans are not counted in the debt ratios.