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.
Popular Among:
- First-time Homebuyers
- Buyers who meet FHA lending guidelines
Learn More about the Loan Application Process
A Federal Savings Bank home loan professional will answer any question you may have and walk you through the loan application process.
Get Pre-Approved!
