FHA LOANS HAVE BEEN HELPING NEW HOMEOWNERS SINCE 1934
How do we do it? The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal.
- Easy credit qualification
HOW TO UTILIZE FHA LOANS
Buying Your First Home
FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price. Available on 1-4 unit properties.
Financial Help for Seniors
Are you 62 or older? Do you live in your home? Do you own it outright or have a low loan balance? If you can answer “yes” to all of these questions, then the FHA Reverse Mortgage might be right for you. It lets you convert a portion of your equity into cash.
Making Your Home More Energy Efficient
You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.
Manufactured Housing and Mobile Homes?
Yes, FHA has financing for mobile homes and factory-built housing. We have two loan products – one for those who own the land that the home is on and another for mobile homes that are – or will be – located in mobile home parks.