Introduction
FHA Loan: What you need to know:
An FHA loan is a mortgage insured by the Federal Housing Administration. Allowing down payments as low as 3.5% with a 580 FICO, FHA loans are helpful for buyers with limited savings or lower credit scores.
Whether you're already sure an FHA loan is right for you or you're still trying to figure out just what the FHA is, we've broken it all down. No need to wade through the FHA handbook; find answers to all your FHA FAQs right here.
An FHA loan is a mortgage insured by the Federal Housing Administration. Allowing down payments as low as 3.5% with a 580 FICO, FHA loans are helpful for buyers with limited savings or lower credit scores.
Whether you're already sure an FHA loan is right for you or you're still trying to figure out just what the FHA is, we've broken it all down. No need to wade through the FHA handbook; find answers to all your FHA FAQs right here.