Get Prequalified for an FHA Mortgage Fast!
Before talking to a Realtor about showing you houses, you need to complete your own loan application.
Easier to Qualify:
Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.
Low Down Payment
FHA loans have a low 3.5% down payment requirement and that money can come from a family member, employer or charitable organization as a gift. Other loan programs don’t allow this.
FHA loans have competitive interest rates because the Federal government insures the loans.