Looking for an FHA Loan?
Check out the information below and let us know if we can help
What is an FHA Loan?
Home loans insured by the Federal Housing Administration (FHA) can make it easier for you to qualify to purchase. This loan option offers flexible qualification guidelines to help people who may not qualify for a conventional mortgage. FHA loans are widely used by first-time homebuyers and people with low-to-moderate incomes.
FHA Loan Highlights
- Low Down Payment
- Government backed loan
- Flexible income and credit requirements
- Up front and monthly private mortgage insurance (PMI) is required for life of mortgage; up front PMI can be rolled into the loan
- Loans for 1-4 unit properties and condos may be available
- Down payment funds can be a gift from a relative or employer
- Sellers can contribute up to 6% of the closing costs
Loan Programs
