How FHA home loans work their magic

Buying a home for the first time? An FHA home loan could be right for you. It’s one of the most popular mortgage programs available today for first-time home buyers with modest down payments and less-than-perfect credit. As an established FHA lender, our team is here to help you take the necessary steps to finance and move into your dream home.

Part of the U.S. Department of Housing and Urban Development, the Federal Housing Administration doesn’t actually provide home loans. The FHA does provide mortgage insurance on loans made by lenders throughout the United States and its territories. The insurance helps protect lenders against losses in the event homeowners default on their mortgage loans.

That’s vitally important. With FHA insurance, lenders are able to provide lower down payment loans with easier qualifying criteria than they otherwise would be able to offer. Call us today to learn more about FHA home loans and how they can help you purchase your own Home Sweet Home.