Interested in an FHA Loan?
Lower Payments Better Life
Find out if an FHA loan is right for you.
Who Is this loan for?
FHA loans are insured by the Federal Housing Authority, which shields your lender against loss if you default on your loan.
- First time home buyers
- Little savings for down payment
- Those with credit challenges
- Primary residence only
FHA LOAN FINANCING
What is a FHA Loan?
FHA loans are a type of mortgage loan that is insured by the Federal Housing Administration (FHA). The FHA is a U.S. government agency that provides insurance for lenders in case of borrower default. FHA loans are available to all types of borrowers, including first-time home buyers and those with less-than-perfect credit histories.
FHA loans typically have lower interest rates than conventional mortgages, and they require only a 3.5% down payment for those with a 580 credit score or higher. Loan terms can be as long as 30 years, making them an affordable option for homebuyers. If you’re interested in an FHA loan, contact a participating lender today.