FHA Loans

Ready to buy your first home? Working with limited income or money for a down payment? A government-insured Federal Housing Administration (FHA) home loan could be the right solution for you. FHA loans have been helping people buy homes since 1934. For borrowers with a credit score of 580 or higher,  FHA allows a down payment of just 3.5% of the total cost of the home.

What are the Benefits of an FHA Loan?

FHA home loan programs typically help first-time homebuyers, clients with past credit challenges, seniors, or others with limits on what they can afford. FHA home loans offer:

  Lower down payment options (As low as 3.5%)

  Friendlier debt ratios

  Less challenging credit requirements

Down payment may be able to be a gift from a family member