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FHA

FHA Loans

If you are a first-time homebuyer with low to moderate income, a Federal Housing Administrative(FHA) loan may be right for you.  FHA loans offer many benefits and protections that you won’t find in other loans and are available as a fixed or adjustable rate mortgage.

Consider a FHA loan if:

  • You are a first-time homebuyer
  • You don’t have a lot of money for a down payment on a house
  • Your credit isn’t perfect
  • You’re worried about qualifying for a loan

Benefits of a FHA Loan:

  • Down payments as low as 3.50%
  • Down payment money can come from a family member, employer, or charitable organization
  • Flexible loan terms
  • Competitive rates

For information on FHA loans, please speak with a member of our Mortgage Lending Team.  

 

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