What is a FHA Loan?
FHA home loan program guidelines tend to be more flexible since they are loans insured by the Federal Housing Administration (FHA).
FHA loans are government-insured loans. This type of loan is very popular among first-time homebuyers because the down payment can be as low as 3.5% of the purchase price. Other fees can sometimes also be included in the loan.
Learn more about FHA loan requirements and rates by talking with a loan officer today!
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