FHA 1-4 Family

An FHA loan is a federally insured loan, which assists first time buyers to purchase 1-4 family properties for owner occupied purposes.

You can buy a home with a down payment of as little as 3% and the seller can contribute up to 6% of the sales price towards your closing cost. FHA loans are flexible in its debt and credit requirements - no credit, past credit problems and bankruptcy issues. It acknowledges other sources of funds including gifts and su-su funds.