FHA Loan

An FHA loan is a mortgage loan insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders to reduce their risk of loss if a borrower defaults on their mortgage payments.

The FHA program was created in response to the rash of foreclosures and defaults that happened in the 1930s, to provide mortgage lenders with adequate insurance, and to help stimulate the housing market by making loans accessible and affordable.

We’re here to make the FHA home loan process a whole lot easier, with tools and expertise that will help guide you along the way.

We’ll help you see the differences between loan programs, allowing you to choose the right one, whether you’re a first-time homebuyer or a seasoned investor.

The FHA Loan Process

Here’s how our home loan process works:

• Receive options based on your unique criteria and scenario
• Compare mortgage interest rates and terms
• Choose the offer that best fits your needs

Do I Qualify?

As a rule of thumb, it may be harder to qualify for fixed-rate loans than adjustable-rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.