Highlights of FHA loans

  • FHA loans typically require less funds to use as down payment usually 3.5% down for a purchase transaction
  • FHA loans are available as fixed and adjustable rate mortgages in 15 and 30 year terms as owner-occupied residence
  • Available for all income levels includes qualification guidelines for eligible borrowers.
  • Refinance a current mortgage into an FHA loan3percentdown

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