FHA Home Loan

A favorite among first time buyers.

A long-running and popular option for homebuyers, an FHA loan is a loan backed by the Federal Housing Administration (FHA)  that allows for smaller down payments. FHA loans also feature less-stringent qualifying criteria such as flexible income and credit guidelines.

The FHA does require borrower-paid mortgage insurance. The Mortgage Insurance Premium (MIP) can be financed into the loan amount.


  • You can make a smaller down payment.
  • You may be eligible to secure a down payment in the form of a community second mortgage. This second mortgage allows buyers to purchase a home with less of a down payment.
  • Credit score and cash reserve requirements are relaxed.


  • Mortgage insurance is required.
  • Property standards must be met—which means it might not be a loan for a fixer-upper.


Interested in this loan?