Home Buying with FHA

Home Buying With FHA

Most people who use FHA financing when making their first housing investment. FHA home buying has helped Americans since 1934. The Department of Housing and Urban Development oversees the FHA and they have made it their mission to make homeownership more affordable and more accessible.

FHA Home Buyer Loans Protect Borrowers Against Inflation with Fixed Rates and No Penalties for Refinancing

Consumers like FHA home buying because the down-payment requirements are only 3.5%. Lending guidelines are more flexible when it comes to credit as well. Consumers also appreciate the low FHA rates because they increase a borrower's buying power. Many renters become homeowners because of FHA house buying loans. The Federal Housing Administration ensures payments are affordable because the pricing is competitive.