FHA Loans

FHA stands for Federal Housing Authority. This is the agency of the US Government that created the program. The loan is not, as you may have heard, a loan from the Government.

The important features of the FHA loan are:

• A very low down payment requirement of 3.5%
• 100% of your down payment can be a gift

FHA loans are insured by the government. A+ Mortgage is fully authorized to originate this type of loan.

We underwrite and approve all FHA loans in our office. This is important because some lenders must send the file to another State or sometimes even to another lender in order to obtain FHA loan approval.

Your FHA home purchase is too important to be passed on to other unknown parties. You need reliable feedback on your FHA loan throughout the process.
Speak to one of our FHA specialists today.