FHA Loans Made Simple

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Flexible. Accessible. Designed to help you get into a home sooner.

FHA loans are often referred to as a “first-time homebuyer loan,” but you do not have to be a first-time buyer to use one. Many buyers use FHA loans more than once, especially when purchasing again after a period of time or when meeting eligibility guidelines.

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Why Choose an FHA Loan?

• Low down payment options (as little as 3.5%)

• More flexible credit guidelines

• Competitive interest rates

• Down payment assistance may be available

• Can be used more than once

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Frequently Asked Questions

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Is an FHA loan only for first-time homebuyers?
No. FHA loans are commonly used by first-time buyers, but they are not limited to them. As long as you meet eligibility requirements, you can use an FHA loan again in the future.

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How much do I need for a down payment?
FHA loans allow for a minimum down payment of 3.5% for qualified buyers. In some cases, down payment assistance programs may help cover part or all of that amount.

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What credit score is needed for an FHA loan?
FHA loans are designed to be more flexible, with many buyers qualifying with lower credit scores compared to conventional loans.

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Do FHA loans require mortgage insurance?
Yes. FHA loans include both an upfront mortgage insurance premium and a monthly mortgage insurance payment. Unlike conventional loans, this mortgage insurance may remain for the life of the loan unless refinanced.

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What types of homes can I buy with an FHA loan?
FHA loans are intended for primary residences and can be used for single-family homes, certain multi-unit properties (where you live in one unit), and some manufactured homes that meet guidelines.

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Can I use an FHA loan more than once?
Yes. FHA loans can be used multiple times, although there are specific guidelines. Typically, you can only have one FHA loan at a time unless you meet certain exceptions, such as relocating or significant life changes.

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How do I get started?
Start with a simple application. From there, we’ll review your documents, walk you through your options, and get you pre-approved so you can move forward with confidence. Apply Now