FHA HOME LOANS
Is an FHA Loan right for you?
A Federal Housing Administration (FHA) loan is a mortgage that is insured by the Federal Housing Administration (FHA) and issued by an FHA-approved lender. FHA loans are designed for low-to-moderate-income borrowers; they require a lower minimum down payment and lower credit scores than many conventional loans.
FHA loans may be great for people looking for lower downpayment requirements and flexible qualifications.
The FHA’s low down payment, competitive rates and lender guarantee are just a few of the reasons why first time and last time buyers choose the FHA program to buy a home.
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