FHA home mortgages have several advantages, from lower down payments to stronger consumer protections.

The Benefits of an FHA insured Home Mortgage

How does the FHA help you buy a home? FHA insured mortgages offer many benefits and protections that you can only have with an FHA insured mortgage loan.

• Easier to Qualify: Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
• Less than Perfect Credit: You don't have to have a perfect credit score to get an FHA mortgage. In fact, even if you have had credit problems, such as a bankruptcy, it's easier for you to qualify for an FHA loan than a conventional loan.
• Low Down Payment: FHA loans have a low 3.5% down payment and that money can come from a family member, employer or charitable organization as a gift. Other loan programs don't allow this.
• Costs Less: FHA loans have competitive interest rates because the Federal government insures the loans. Always compare an FHA loan with other loan types.
• Helps You Keep Your Home: The FHA has been around since 1934 and will continue to be here to protect you. Should you encounter hard times after buying your home, FHA has many options to help you keep you in your home and avoid foreclosure.

FHA Financing

FHA does not lend money directly to consumers nor does it set the interest rates on the mortgages it insures. In order to initiate the loan application process, please contact one of our agents or give us a call.

An FHA insured mortgage may be used to purchase or refinance a new or existing 1-4 family home, or a condominium unit.