A Federal Housing Administration (FHA) loan is a type of federally backed mortgage that is issued by an approved lender and insured by the FHA
A Federal Housing Administration (FHA) loan is a type of federally backed mortgage that is issued by an approved lender and insured by the FHA
LOW DOWN PAYMENTSFHA Loans are popular among homebuyers wanting a low down payment. You may be able to get FHA financing with as little as 3.5% down.
LOW DOWN PAYMENTSFHA Loans are popular among homebuyers wanting a low down payment. You may be able to get FHA financing with as little as 3.5% down.
LOWER INTEREST RATESFHA homebuyers with credit scores of 680 can often qualify for the same interest rate as conventional borrowers with a score of 740.
LOWER INTEREST RATESFHA homebuyers with credit scores of 680 can often qualify for the same interest rate as conventional borrowers with a score of 740.
CREDIT REQUIREMENTSFHA Loans don't require perfect credit to secure financing. In some instances, you may qualify for 3.5% down with a 580 credit score.
CREDIT REQUIREMENTSFHA Loans don't require perfect credit to secure financing. In some instances, you may qualify for 3.5% down with a 580 credit score.
CLOSING COSTSFHA loans allow sellers to pay up to 6% of the loan amount to cover buyers’ closing costs. Sellers can only pay up to 3% on conventional loans.
CLOSING COSTSFHA loans allow sellers to pay up to 6% of the loan amount to cover buyers’ closing costs. Sellers can only pay up to 3% on conventional loans.
This historic home loan program continues to open the door to homeownership for millions of Americans who might struggle to secure conventional financing.
This historic home loan program continues to open the door to homeownership for millions of Americans who might struggle to secure conventional financing.