FHA Mortgages are insured by the Federal Housing Authority. FHA Mortgages are g…

FHA Mortgages are insured by the Federal Housing Authority. FHA Mortgages are great for buyers who don't have a big down payment. The minimum down payment for FHA Loans is 3.5%. It also allows for a family member to gift or give you the down payment allowing parents to help their kids purchase a home. The program also allows for sellers to pay up to 6% of the purchase price of the home towards the closing costs. Product is also great for refinancing when you don't have equity in your home.


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