Get an FHA Home Loan in Your City
FHA HOME Loans Available in All 50 States
FHA Loans are a very popular financing tool used for buying a home. As matter of fact it is used in approximately 90% of all Real Estate transactions. It is not reserved only for first-time home buyers or those with bad credit who cannot qualify for a conventional loan. Many clients have the credentials to qualify for conventional loans however opt not to or the conventional loan program is not available to them. You can buy your third or fourth home with an FHA loan.
The only stipulation is that you may only have one FHA loan at a time. Today, the FHA also plays a critical role in financing for minority borrowers, borrowers who have troubled credit history, and borrowers who have little money to put down on a home. FHA mortgages allow for a low 3.5% down payment, have great interest rates due to being insured by the Federal Housing Administration, allow for less than perfect credit, and makes it much easier to qualify due to FHA insuring the home loan.
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