FHA Loans
Affordable Homeownership with Lower Credit Requirements
FHA Loans are backed by the Federal Housing Administration and are designed to help first-time homebuyers or those with lower credit scores. With a low down payment requirement, FHA Loans make it easier to purchase a home.
Why Choose an FHA Loan?
- Low down payment options
- Easier credit qualification
- Government-backed security
Competitive interest rates - Ideal for first-time homebuyers
What You'll Need:
- Proof of income (W-2s, tax returns, pay stubs)
- Credit score (typically 580 or higher)
- Down payment (as low as 3.5%)
- Debt-to-income ratio below 43%
- Property appraisal
- Mortgage insurance premium (MIP) payments