FHA Loans

FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

Common FHA Loans Questions:

FICO score @ least 620 = 3.5% down payment

MIP is required (Mortgage Insurance Premium)

The home must be borrower’s primary residence

Proof of employment and steady income is a must for borrower

Up to 6% seller assist is allowed


214 Sahara Dr
Kingston, PA 18704


Mortgage Broker/Consultant
Licensed by FL & PA Dept. of Banking
NMLS# 145188

Equal Housing Lender