Get your free quote on an FHA loan today!
Your Quick Guide on FHA Loans...
What is an FHA loan?
​
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, 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.
​
The FHA program was created to help borrowers in response to the increase of foreclosures and to help stimulate the housing market by making loans more accessible and more affordable. FHA loans are one of the most popular types of loans in the mortgage industry.
​
Let us help you get started with our FREE FHA Loan Qualifier.
We’ll help you understand what an FHA is and assist you with the entire process you whether you’re a first-time home buyer or not.
​
Here’s how our home loan process works:
-
Complete our simple Mortgage Application
-
Receive options based on your unique criteria and scenario
-
Compare mortgage interest rates and terms
-
Choose the offer that best fits your needs
​
Why choose an FHA Loan?
Typically an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit. All FHA loans require a down payment of 3.5%, which makes it easier for borrowers who cannot afford a traditional down payment of 5% or more.