FHA Loan

FHA loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority. A FHA mortgage is an attractive option for home purchases, especially for first-time homebuyers, for various reasons including:
 
  • Often easier to qualify for than conventional loans.
  • Low down payment requirement of 3.5%
  • Gift funds allowed for Down Payment.
  • FHA MI rates are relatively low

FHA has a loan amount maximum for counties. Contact us and we can provide you with the FHA loan amount limit for your requested area.

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FHA home loans, FHA loan, FHA mortgage

 

Don't know how the loan process works?  Here's a step by step guide.