FHA Loans Broker Eugene Oregon
Federal Housing Authority / Housing and Urban Development
Benefits of FHA Loans
- Allows for very low down payments starting at 3.5% of purchase price.
- Allows very low credit scores starting in the 500’s.
- Requires upfront and monthly mortgage insurance for the life of the loan regardless of loan to value.
- Great for first time buyers.
- Lower interest rates than conventional loans.
Purchasing Your First Home?