Flexible, Government-Backed Mortgage Option
An FHA loan is an attractive option for many first-time homebuyers because it allows for lower down payment and easier credit qualifying.
- 3.5% down payment
- Program can be combined with additional down payment assistance programs to further reduce costs
- Monetary gifts from family can be accepted towards down payment
- Seller can pay up to 6% towards closing cost / prepaids
- Fixed or adjustable rates available
- Minimum credit score 580 (although 620 is preferred)
- Shorter waiting period after a derogatory credit event
Think this is the loan for you? Complete the form to find out more.
Disclaimer: This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.