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