An FHA loan is a government backed mortgage that requires just 3.5% down. It's a great way to get a start as a home owner because it doesn't require a large down payment. So you can get the home you dreamed of and start building a better future.
Lower down payment lets you afford your home sooner.
Your down payment can come as a gift from family or friends.
Lower starting rates help you build toward your future.
Sellers can contribute more to your closing costs.
People with little or no credit history, or even low credit scores.