FHA Loan

What is an FHA Loan?

An FHA Loan is a mortgage insured by the Federal Housing Administration (FHA). It is designed to help low-to-moderate-income borrowers who may have lower credit scores and smaller down payments.

Benefits:

  • Lower Down Payments: As low as 3.5% of the purchase price.
  • Flexible Credit Requirements: More lenient credit score requirements compared to conventional loans.
  • Assumable Mortgage: Can be transferred to a new buyer if you sell your home.

Is an FHA Loan Right for You?

If you're a first-time homebuyer or have limited funds for a down payment, an FHA Loan might be the perfect fit.

Take the Next Step

Ready to explore your options with an FHA Loan?