Parkside Lending Adds FHA Loan Program to Its Suite
Parkside Lending has announced that it is now offering Federal Housing Administration (FHA) loans, designed to help creditworthy lower and moderate income individuals and families buy or refinance a home. FHA loans offer greater flexibility in terms of borrower qualifications including lower minimum down-payment requirements. By offering these products Parkside Lending is contributing to the stabilization of the housing market, aligning with HUD's mission—to create strong, sustainable, inclusive communities and quality affordable homes for all.
“By offering FHA loans, we are able to support a larger percentage of our clients’ business and broaden homeownership opportunities for qualified borrowers,” said Matthew Ostrander, chairman and chief executive officer of Parkside Lending. “We will deliver the same great customer experience with FHA loans that our clients have become accustomed to with our suite of conforming, jumbo and non-QM loans.”