FHA Loans
Opening the Doors to Homeownership
Making it easier for you to qualify for a loan.
Home loans insured by the Federal Housing Administration (FHA) can make it easier for you to qualify to purchase or refinance a home. This loan option offers flexible qualification guidelines to help people who may not qualify for a conventional mortgage.
FHA Loan Highlights
FHA loans are widely used by first-time homebuyers and people with low-to-moderate incomes since this government-insured mortgage features:
-
Low down payments
-
Flexible income and credit requirements
-
Fixed- and adjustable-rate mortgages
-
Loans for 1-4 unit properties and condos may be available
-
Down payment funds can be a gift from a relative or employer*
-
Home sellers can contribute up to 6% of the closing costs