Home loans provided by the Federal Housing Administration (FHA) can make it easier for you to buy or refinance a home. FHA loans usually have lower credit score and down payment options, but have higher safety requirements the homes need to meet.
Advantages of an FHA Loan:
Flexible approval guidelines
Low down payment options
Fixed and adjustable-rate loans
Loans for 1 to 4 unit properties and FHA approved condos
The ability to use gift funds from a relative or employer
Lower credit score requirements, contact us for more details
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*A pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.
*Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Grant amount varies based on credit score. Loans Can Be Fun is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.