An FHA home loan is the #1 choice for first-time homebuyers.
An FHA mortgage loan is a government-backed home loan with more flexible lending requirements than conventional loans. Easier qualifying coupled with lower rates and costs make FHA a great choice for you.
Homebuying is easy with an FHA home loan
Down Payment with as little as 3.5% down + the entire down payment can be a gift.
Seller can contribute up to 6% of purchase price towards your closing costs.
Less-than-perfect credit allowed. FICO scores as low as 560.
Easy qualifying with higher debt-to-income ratios.
Lower rates than conventional loans.
Great reasons to refinance with a FHA loan
Get more cash-out, can refinance up to 85% of your home’s value.
Debt consolidation and home improvement solutions.
Credit challenges are no problem can have FICO score as low as 560.
Skip up to 2 mortgage payments.
Receive an escrow refund from your current lender.