FHA Loans

What Will I Need To Apply?

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FHA loans are home loans backed by the Federal Housing Administration (FHA), a government agency created to help home buyers qualify for a mortgage. This type of mortgage provides mortgage insurance on loans made by FHA-approved lenders, protecting them from the risk of borrower default.

Due to these protections in place, they can afford to be more lenient when offering mortgages. This means it’s possible to get an FHA loan with a lower credit score and a bit more debt than other types of loans.To offset this, FHA loans will typically include mortgage insurance as part of the borrower’s responsibility.

These loans are insured by the Federal Housing Administration (FHA). The FHA protects lenders against defaults on payments. This makes it easier for you to qualify, and allows lenders to offer lower interest rates.

Is this loan type right for you?

    • Due to more lenient requirements, the FHA loan may help you to get into a home. FHA loans help buyers purchase 1 to 4 unit properties.


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