Follow these steps to get an FHA loan: 1. Find FHA-Approved Lenders. 2. Fill Out an FHA Loan Application. 3. Sign Up for FHA Mortgage Insurance. 4. Get Your Home Appraised. 5. Review FHA Closing Costs and Sign the Final Documents.
FHA loans have more lenient credit and income requirements than other loans, and your down payment could be as low as 3.5%. Learn more and apply today!
The Federal Housing Authority insures mortgages that require a low down payment and liberal underwriting standards. Because of the benefits that come with FHA loans, they cannot be used for second.