FHA Loan

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

FHA loans are an attractive option, especially for first-time homeowners:

  • Generally easier to qualify for than conventional loans.
  • Lower minimum credit score requirements
  • Lower down payment requirements.
  • Cannot exceed county statutory loan limits.
  • 203K loans offer funds to improve the property

Learn more about FHA loans here: HUD  (Department of Housing and Urban Development)

FHA Loan: