FHA Home Loans
Is an FHA Loan right for you?
A Federal Housing Administration (FHA) loan is a mortgage that is insured by the Federal Housing Administration (FHA) and issued by an FHA-approved lender. FHA loans are designed for low-to-moderate-income borrowers; they require a lower minimum down payment and lower credit scores than many conventional loans.
FHA loans may be great for people looking for lower downpayment requirements and flexible qualifications.
- Purchase, refinance, and home renovation financing options
- As low as 3.5% down payment
- Minimum 580 credit score
- Ability to use monetary gifts for down payments or closing costs
- Down Payment Assistance programs available
The FHA’s low down payment, competitive rates and lender guarantee are just a few of the reasons why first time and last time buyers choose the FHA program to buy a home.
Get approved to buy a home.
Buying a new home or refinancing your current loan? Fill out this form and get started today!
How Much Can You Afford?
When purchasing a home, it’s common to have many questions. Use our mortgage calculators to make an informed decision and have a clearer understanding of your financial obligations when buying a home.
Mortgage Payment Calculator
Use our mortgage calculator to estimate your monthly mortgage payment.
Closing Costs Calculator
Use our Florida Mortgage Closing Costs Calculator to estimate your total closing expenses.
Rate Buydown Calculator
Estimate your monthly savings with our 3-2-1 Rate Buydown calculator.
WHY IDEAL LENDING?
