FHA (Federal Housing Administration
FHA loans offer a low down payment requirement and flexible qualifying standards to help make owning your dream home a reality!
Additional Information
The FHA loan program is a great option for homebuyers that may have less than perfect credit or limited funds available for a down payment. FHA requires a down payment of less than 5%, which can be a gift from an acceptable source. FHA also features flexible qualifying standards and less strict credit requirements than many conventional loans.
- Seller can contribute up to 6% toward closing cost.
- Flexible Underwriting Criteria
- Flexible Credit Review
- No Prepayment Penalty
- Minimum Credit Score 580
