FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA). Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

What is an FHA Loan?

 

FHA Loan Advantages

 

FHA Loan Eligibility

 

FHA Loan Limits

 

Mortgage Insurance Premiums (MIPs)

 

Work with a Reliable FHA Mortgage Lender