March 14, 2019

Instant FHA Approvals

Insured by the Federal Housing Administration, FHA home loans are government-assisted alternatives to conventional financing, and were originally offered by FHA lenders to first-time home buyers with imperfect credit. Now, FHA loans are open to a wider audience.


Overall, FHA mortgage loans provide more flexibility in credit, income and down payment requirements. They do include a Mortgage Insurance Premium (MIP), as well as monthly mortgage insurance, but a fixed rate FHA loan enables many homeowners who wouldn’t qualify for conventional financing to purchase.

Good news!  Effective immediately on FHA loans,  we can now accept the Automated verification of employed, verification of income, and verification of assets on FHA loans!

What does this mean?

Instant Approvals on FHA loans.   

In many cases LESS is MORE!  Less documentation means an easier process for everyone! We are SUPER excited to offer you a faster, more secure, and easier way of doing loans!

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Sierra Pacific Mortgage Company, Inc.

Sierra Pacific Mortgage NMLS# 1788. Michael Shotnik NMLS: 218281, CO License: 100017466. Regulated in Colorado by the Division of Real Estate #988320. To check license status of mortgage loan originator, visit D.O.R.A. and NMLS consumer access.