Why Choose a FHA Loan?

The FHA Home Loan comes with substantial benefits created to aid those who might otherwise be unable to obtain conventional financing to purchase a home.

FHA loans carry competitive interest rates and terms, and also allow qualified borrowers to purchase a home with little to no money out of pocket at closing.

Since their inception in 1934 FHA loans have become increasingly popular due to the benefits they offer:

Down Payment – FHA loans require a minimum down payment of 3.5%. You may be able to qualify for down payment assistance or other programs that could allow you to purchase a home for little to no money out of pocket! Call us today to find out more! 

Are you ready to see how much you can save? contact FHA the Fairway.

Additional Benefits

Easier to Qualify

Through less stringent underwriting guidelines, the FHA Home Loan Program allows homeownership opportunities to those who couldn’t otherwise qualify for conventional financing.

Lower Payments

Lower monthly mortgage payments are achieved by combining competitive interest rates and fixed mortgage insurance rate that is not dependent upon credit score unlike conventional loans.

First-Time Buyers

The FHA Home Loan Program is extremely helpful for the First-Time Home Buyer because it offers less stringent credit standards combined with the low down payment benefit.

Learn more about FHA Loan Rates in our next section, or contact FHA the Fairway at (888) 301-3465 to speak with one of our FHA Home Loan Specialists about the benefits of the FHA Home Loan.