1steaglemortgage

FHA

FHA Loans

FHA loans have been helping people become homeowners since 1934. They help people achieve the American dream of home ownership. How does it work? The Federal Housing Administration (FHA) – which is part of the Department of Housing and Urban Development (HUD) – insures the loan, so your lender can confidently offer a better deal.

Some features of an FHA Loan include:

  • Low down payments-As little as 3.5%
  • Low closing costs
  • Easy credit qualifying
  • Gift Funds OK for the down payment
  • Parent or family member can help to income qualify
  • 1 to 4 unit property as long as it’s owner occupied.

Call 847.441.4116 today or Click Here for more information about FHA Loans!

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