Kinecta FCU To Offer FHA Mortgages

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MANHATTAN BEACH, Calif. – Kinecta FCU said yesterday it has expanded its mortgage offerings to include federally insured Federal Housing Authority loans.

Following an initial trial period in March involving its Midwest regional market, the $3.5 billion credit union said it is ready to roll out these federally-insured loans – including first-liens, refinances, and high-balance loans – to all of its 17 states nationwide.

“FHA loans offer several distinct advantages, such as lower down payment options and flexible credit terms, which benefit our business partners in connecting with borrowers during challenging times,” said Todd Helmerson, director of wholesale loan production for Kinecta FCU.

 

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