FHA Loan
Government-insured mortgage with low down payment requirements. Ideal for first-time homebuyers.
About FHA Loan
Government-insured mortgage with low down payment requirements. Ideal for first-time homebuyers.
πΊπΈ United States
APR: 5.99%-8.49%
Amounts: $50,000 - $1,149,825
π¨π¦ Canada
APR: N/A - US Program
Amounts: N/A
Terms: 15-30 years
Benefits
- Low 3.5% down payment
- Lower credit score accepted
- Government-backed security
- Assumable by qualified buyers
Requirements
- US resident
- Minimum credit score 580
- Steady employment history
- Property must be primary residence
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