FHA Loan

FHA loans help people to purchase their first home, and can be an attractive loan program for people who currently or previously have owned a home. An FHA loan is a mortgage that is backed by the Federal Housing Administration. These government-insured loans are provided by FHA approved lenders and require slightly less qualifications compared to a conventional loan. This makes getting a mortgage available to more people from a broad spectrum of situations. You might also be interested in a FHA streamline refinance if you are currently sitting on a FHA loan. Feel free to ask any questions, or ask for a rate quote, if you are interested in a FHA loan.