FHA Loans

Backed by the Federal Government and offers low down payment

FHA insured loans often give first-time homebuyers the option of making a lower down payment than they would need to make if using a traditional, non-FHA insured mortgage.

Features

  • As little as 3.5% down payment
  • Less than perfect credit can apply
  • Guaranteed by the Federal Housing Authority
  • Seller can pay borrower closing costs
  • Fixed rate and ARM (Adjustable Rate Mortgage) options