With an FHA Loan, your home loan is insured by HUD. The FHA Program is designed to help give home buyers the opportunity to qualify for a mortgage, when they may not otherwise qualify. HUD assumes some of the risk on the loan. The requirements are not as high for an FHA loan as they are for Fannie Mae or Freddie Mac Loans. Plus, a borrower can purchase a home with only 3.5% down. In some cases a borrower can qualify for gift programs which allow them to purchase a home with no money out of pocket. There are a variety FHA loan programs that you can take advantage of, we can give you advice as to which is best for you.

Your FHA home loan is insured by HUD, a government agency. When you are considering refinancing, you should know that you have already done the hard part by getting the loan the first time. The FHA streamline refinance is a much easier process.