Buy Your Dream Home With Little Money Down With an FHA Loan!
Why an FHA Loan?
Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan low down payments are available.
About FHA Home Loans
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 in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing market by making loans accessible and affordable.
We’re here to make the FHA home loan process easier, with tools and knowledge that will help guide you along the way, starting with our FHA Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.
The FHA Loan Process
Here’s how our home loan process works: