This mortgage loan is insured by the Federal Housing Administration (HUD). It allows you to finance up to 96.50% of the purchase price of your primary home and offers you the opportunity to enjoy lower and more attractive interest rates. It also has broader qualification parameters.
You may finance from $50,000.00. The maximum financing amount will depend on the limit established by the federal agency for each municipality of the Island.
Subject to credit approval. Certain restrictions apply.