FHA maximum loan limits have been raised across the board and credit requirements have been eased. These recent FHA Loan requirement changes mean millions more Americans can now qualify for an FHA Loan.
Prequalify for an FHA Loan
FHA home loans are government-insured loans with flexibile choices. The FHA loan was designed to help Americans fulfill their dream of homeownership, and are the easiest type of mortgage loan to qualify for. When comparing loan programs that require a smaller down payment, FHA loans are the most popular. Homeowners can opt for the security of a fixed rate FHA loan or go with a FHA loan that has an adjustable-rate (ARM). An FHA loan is one of the best choices for buying a home in today’s market.
Key FHA Benefits
Minimum 3.5% Down Payment
Low Monthly Mortgage Insurance
Low Closing Costs
Relaxed Credit Score Requirements
Whether you have already found your dream home or are still looking, our team of mortgage professionals can help you choose a loan program that aligns with your financial objectives. If you are interested in applying for an FHA loan, you can begin the process by filling out our quick quote form or call to speak with one of our mortgage professionals.