FHA Mortgage

Home FHA Mortgage

Federal Housing Administration (FHA) loans are a very popular home financing option. These loans offer low down payments and specialty programs such as first time home buyer, streamline, and renovation loans.


  • Available in a variety of fixed rate and adjustable rate loan options.
  • May allow you to use a gift or grant for all or a portion of the down payment or closing costs.
  • Refinance up to 97.75% of your home’s value.
  • Purchase with as little 3.5% down payment.


  • Requires less cash up front for your down payment and closing costs.
  • Available for nearly all income levels.
  • Available for nearly all credit levels.
  • Allows a co-applicant to help you qualify even if the person doesn’t live in the home.

Things to Consider:

  • You typically have to pay up-front and monthly FHA mortgage insurance premiums.
  • Usually you can only have one FHA mortgage at a time.