FHA Loans

What is an FHA loan?

An FHA home loan is a mortgage insured by the Federal Housing Administration. FHA loans feature low down payments, flexible credit requirements, and more purchase power. Benefits include:

• More flexible underwriting qualifications than conventional loans
• No maximum income restrictions
• Seller contributions allowed
• Mortgage Insurance Premium (MIP) applies
• No prepayment penalties

Is an FHA loan right for you?

From first-time homebuyers to lower-income families, FHA home loans can benefit all types of customers. Not sure if your current finances or credit rating will let you qualify for a mortgage? A secure government-insured loan could be right for you!