Your FHA loans are fully insured through the Federal Housing Administration (FHA), a government organization. FHA loans offer benefits that include lower down payments, lower closing costs, straight-forward mortgage terms, and easier credit qualification.

FHA Single Family Insurance Program

Programs that help low- and moderate-income families become homeowners by lowering some of the costs of their mortgage loans.

FHA Streamlined 203(K)

A single-family home rehabilitation program that enables you to finance both the purchase or refinance of a house and/or the cost of its rehabilitation through a single mortgage. You will also hear this loan called a renovation loan. You want to work with a renovation expert when you use this type of financing, they will make this process a breeze for you.

FHA Mortgage
Insurance Costs

For an FHA loan the borrower will be charged a mortgage insurance premium equal to 1.75% of the base mortgage amount which can be added into the mortgage on the property and a renewal premium of 0.85% of the base mortgage amount, calculated monthly, in subsequent years.


FHA allows 100% of the down payment to be a gift from friends, family, or other approved sources. It’s a great alternative.

Get your FHA loanpurchaserefinance1st Lien HELOCfirst-time homebuyerveteran questions answered.

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