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FHA Loans

What you need to know

FHA loans have been helping people become homeowners since 1934. The Federal Housing Administration (FHA) which is part of HUD (Housing & Urban Development) insures the loan, which can mean:

  • Low down payments
  • Low closing costs
  • Easy credit qualifying

First-time homebuyers and repeat buyers may not always have a sizeable down payment, which is why FHA loans may be the perfecct solution for you as they offer:

  • Fixed and adjustable rate loans
  • Maximum loan amounts determined by property location
  • Refinancing options
  • Seller contribution of up to 6% is allowed

FHA purchase loans require a minimum of a 3.5% down pyament and are subject to an Upfront Mortgage Insurance Premium (UMIP) of 1.75% of the loan amount.

If you would like more details, please contact us at 901.380.7530 or at

Apply for a FHA mortgage loan

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