What is an FHA Loan?
FHA loans are available to homebuyers who plan to make a low down payment (as little as 3.5 percent). There are no maximum income or earning limitations, and fixed-rate loans are available.
Key Aspects to Remember
- If you need financing for more than 80% of your home value, the FHA loan is a good option to consider.
- FHA loans do not carry prepayment penalties, giving you the flexibility to refinance or pay off your mortgage early without incurring any fees.
- First-time Homebuyers
- Buyers who meet FHA lending guidelines
How much house can you afford? Find out with our Mortgage Calculator.
Our Preferred FHA Loan Providers are:
A mortgage professional will answer any question you may have, and he or she will walk you through the loan application process. Or call us at (812) 615-0137 to get started.