FHA loans
have been helping people become homeowners since 1934. How do we do it?
The Federal Housing Administration (FHA) – which is part of HUD –
insures the loan, so your lender can offer you a better deal.
- Low down payments
- Low closing costs
- Easy credit qualifying
What does FHA have for you?
Buying your first home?
FHA might be just what you need. Your down payment can be as low as 3%
of the purchase price, and most of your closing costs and fees can be
included in the loan. Available on 1-4 unit properties.
Want a fixer-upper?
FHA has a loan that allows you to buy a home, fix it up, and include all
the costs in one loan. Or, if you own a home that you want to re-model
or repair, you can refinance what you owe and add the cost of repairs -
all in one loan.
Financial help for seniors
Are you 62 or older? Do you live in your home? Do you own it outright or
have a low loan balance? If you can answer "yes" to all of these
questions, then the FHA Reverse Mortgage might be right for you. It lets
you convert a portion of your equity into cash.
Want to make your home more energy efficient?
You can include the costs of energy improvements into an FHA
Energy-Efficient Mortgage.
How about manufactured housing and mobile homes?
Yes, FHA has financing for mobile homes and factory-built housing. We
have two loan products – one for those who own the land that the home is
on and another for mobile homes that are - or will be - located in
mobile home parks.
Ask an FHA lender to tell you more about FHA loan products.
Find an
FHA lender
Need advice? Contact a
HUD-approved housing counselor or call
(800) 569-4287.
Need help with your downpayment? State and local
governments offer programs that can help.
Find a program near you. |
