FHA Fallout Loan
Did your FHA loan fall through at the last minute? It happens more than you’d think — a student loan calculation, a non-permanent residency status, a condo that isn’t FHA-approved, or an overlay a specific lender adds on top of FHA’s own rules. An FHA Fallout Loan is our way of catching deals like yours and finding an alternative path to closing when the original FHA approval didn’t come through.
Why it helps:
- Built specifically for borrowers whose FHA application was denied or delayed
- We look for the real reason the loan fell out and match you with a program built around it
- Can often save the purchase contract instead of starting over with a new lender
- Access to non-QM and alternative documentation programs FHA doesn’t offer
- Fast turnaround — deals that fall out are usually racing a closing deadline