FHA Loan
Governed by the Housing of Urban Development (HUB), an FHA loan offers flexible guidelines for borrowers with limited down payment funds, and an imperfect credit history.
3.5% down payment.
Flexible use of gift funds and grants for down payment.
Flexible qualifying credit – itβs possible to qualify with a lower credit score.
Upfront mortgage insurance may be financed or paid at the closing table.
