FHA Loan

An FHA Loan is a government mortgage insured by the Federal Housing Administration (FHA). FHA Loans offer borrowers relaxed credit requirements and more flexible underwriting guidelines than conventional loans. In addition to purchase loans, refinance programs are available for FHA borrowers, non-FHA borrowers, and homeowners interested cash-out options. Up to 85% of the home’s current value can be taken out in cash with a refinance. Looking for your first home? This might be the best option for you.

FHA Loan Benefits

• Down payments as low as 3.5%
• Credit scores as low as 500 are accepted 
• Flexible qualification guidelines
• Fixed-rate and adjustable-rate loan options 
• Refinance up to 96.5% of current home value 
• Cash out and debt consolidation financing available