We encourage users to use the free NMLS Consumer Access Link to confirm that the mortgage company or mortgage professional with whom they wish to conduct business is authorized to conduct mortgage business in their state.
FHA First Time Home Buyer
An FHA Loan is now the most popular loan for First Time Home Buyers.
Purchasing a home is one of life's major landmarks and for some, it is even a dream come true. We understand the magnitude of this decision and it is our goal to make your transition into home ownership unforgettable.
With down payment plans as low as 3.5%, these loans are ideal for buyers with limited savings. FHA loans also allow higher debt-to-income ratios compared to conventional loans, making qualification easier.
Additionally, they come with competitive interest rates and options for seller-paid closing costs.
Our FHA First-Time Homebuyer Specialists can help you with FREE same day pre-approvals, and savings on everything from appliances to moving expenses.
Some of these features include:
- Competitive Interest Rates - Often lower than conventional loan rates, reducing monthly payments.
- Low Down - Payment Programs
- Family Gifts can be used as the down-payment
- Multiple Property Types Allowed - Can be used for single-family homes, condos, and some multi-unit properties
- Energy-efficient mortgage FHA Loan Program that allows borrowers to combine the cost of energy-efficient upgrades into their FHA Loan loan upfront
- FHA Flexible Debt-to-Income Ratios - Higher DTI ratios accepted compared to conventional loans
- Government-Backed Security - FHA insurance reduces risk, increasing loan approval chances
- Assistance with Closing Costs - Sellers and lenders can contribute toward closing expenses
The first and most important step in purchasing a new home is to get an FHA Pre-Approval Letter for a home loan. The peace of mind that comes with knowing that your mortgage loan has been pre-approved will allow you to shop for your new home with confidence. And when you are ready to make an offer, the fact that you have already been pre-approved for your loan will give the seller confidence in you as a buyer.
FHA Loan Information
The FHA (Federal Housing Administration) does not lend money. The FHA is part of HUD & backs individual FHA Approved Lenders.
Our mission is to help you find the best FHA Approved Lender who can help you secure financing.
When you fill in our short application we will provide your information to one, (and only one) FHA Approved Lender who can help you based upon many factors, including your State, the type of FHA Loan, and your Credit History.
FHA News 2025
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The FHA Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week. The FHA is part of HUD & backs individual FHA Approved Lenders.
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HUD Announces Changes to FHA Multifamily Mortgage Insurance Programs Home Loan: FHA to increase individual loan proceeds available to create new or refinance existing affordable multifamily rental properties and create new or substantially rehabilitate properties that provide rental opportunities for middle-income individuals and families.
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FHA Proposes Looser Boarder Income Requirements For Qualifying Borrowers:These proposed changes include reducing the acceptable rental income history from two years to 12 months and expanding the types of acceptable income verification documentation
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Down payment assistance programs remain underutilized, despite high eligibility among borrowers:the Quarterly Report to Congress from the U.S. Department of Housing and Urban Development (HUD) on the Federal Housing Administrations Single-Family Mutual Mortgage Insurance Fund, only 58.46% of the loans the agency endorsed were originated without the borrower receiving help for a down payment,
