Hollander Financial Holding, Inc.
About Hollander Financial Holding, Inc.
Founded in California in 1991 Hollander Financial Holding Inc. has grown into one of the premier FHA mortgage lenders in the Nation. Our mission is to provide our clients with a broader range of lending options while keeping true to our Mission Statement...
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Founded in California in 1991 Hollander Financial Holding Inc. has grown into one of the premier FHA mortgage lenders in the Nation. Our mission is to provide our clients with a broader range of lending options while keeping true to our Mission Statement that every person deserves the opportunity to own their own home. Every member of the Hollander Financial Holding Inc. team are committed to this goal with FHA loans becoming the driving force to get loans funded in the market today. Hollander Financial has been a FHA direct endorsement lender since 1993 our staff is standing by waiting to help get your loan approved in the Please read the following to help you to find out if FHA is an option for you and what to watch out for when choosing your lender.
FHA loans have helped lots of Americans to become homeowners who could not afford to do so with usual mortgage or other loans. FHA or the Federal Housing Administration insures the loans offered by FHA approved lenders to borrowers on both new and existing single and multi family housing. However, one of the most important facts here is that FHA does not offer any loan directly to anyone; it rather insures the loans offered by private lenders, who are approved by FHA. The mortgage insurance by FHA reduces the risk to lenders in offering loans to borrowers significantly and enhances the borrowing power of individual borrowers. Any lender, charges higher rate of interest, if the loan offered has any associated risk, in order to compensate against the risk associated with loan. Similarly if there is lower risk involved in offering any loan, the same lender charges lower rate of interest because of the lower risk or enhanced security of loan. On the same pattern, the loans offered by FHA approved lenders are insured by FHA, which reduces the risk for lenders in offering loans. Therefore, these lenders pass on certain benefits to borrowers, which may be one or more of the following: Low down payments Low closing costs Easy FHA Loan Requirements