Become a homeowner with an FHA Loan!

The Federal Housing Administration (FHA), which is part of the U.S. Department of Housing and Urban Development, provides mortgage insurance to lenders to protect them from a borrower who defaults on the loan. With FHA loans, potential home buyers who have a credit score of at least 580, take the advantage of paying the minimum down payment of 3.5%. This makes FHA loans more accessible and affordable than other mortgages. FHA loans are a great option for home buyers who don’t have a significant amount of cash for a down payment or who may have a lower credit score.