Buying a Home with an FHA Loan

FHA Home loans have helped millions of Americans buy homes who may have not qualified for a mortgage through a conventional (non-FHA Approved) lender. FHA purchase loans are affordable, safe and can make owning a home much more reasonable.

Buying a Home with FHA loan - Quick Facts

• FHA Lenders only require a 3.5% down payment
• Your down payment can be a gift from a family member or charitable organization.
• FHA Lenders have flexible qualifying guidelines
• You can get a rate around 5.00% fixed
• You are not required to pay closing costs out of pocket
• You may be able to get extra money for home improvements - 203k

FHA Down Payment Information

FHA lenders will allow you to put down as little as 3.5% of the homes purchase price (this can be a gift) which makes buying a home easy and affordable. Example: For a home being purchased at $300,000 your FHA lender will require $10,500 for the down payment. Read More...

FHA Down Payment Assistance

The process of buying a home can be expensive and even with FHA's low down payment options, you may not have the money for a down payment when taking into account the various other expenses such as closing costs, a home inspection and a home appraisal. Down payment assistance may be available to you. Read More...

Finding an FHA Approved Lender

Fining the right Approved FHA lender is important as your lender will play a huge role in the process of helping you buy your home. Your FHA lender will help you determine what you can qualify for, provide you with a pre-approval letter, obtain a loan commitment and much more. Contact a FHA specialist...