Federal Housing Administration Loan Benefits

Finance your home with fewer out-of-pocket expenses by getting a loan insured by the Federal Housing Administration (FHA). FHA loans are a type of government loan that is most commonly used by first-time home buyers and those with low to moderate incomes and lower credit scores.

  1. Flexible qualifying guidelines
  2. Co-applicants may help qualify
  3. Down payments as low as 3.5%
  4. Gift funds or assistance allowed for entire down payment
  5. Low fixed and adjustable interest rates available
  6. Annual mortgage insurance premium can be paid up front or rolled into the loan
  7. Primary occupancy allowed (second homes may be permitted in some cases)