Why an FHA Loan?
Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan a down payment of 3.5% is required. Borrowers who cannot afford a traditional down payment of 20% or are unable to receive approval for private mortgage insurance may consider an FHA loan.
Fixed-Rate Mortgage
- Adjustable-Rate Mortgage (ARM)
- 3.5% Down Payments
- Terms of 15-, 20-, and 30- years are available for the fixed-rate products