Buying a Home using a FHA Loan
The FHA loan program was created to help increase homeownership.
The FHA program makes buying a home easier and less expensive
than other types of real estate mortgage home loan programs. Some
highlights of the FHA loan program are:
Down Payment and Closing Costs
of the FHA loan program has made it one of the best options for
most first time home buyers as well as move-up home buyers.
You do not
have to be a first time buyer to obtain a FHA loan, anyone may
use a FHA loan as long as you do not have more than one FHA insured
loan at any one time.