Provided by the US Federal Housing Administration, an FHA loan allows borrowers to receive affordable and accessible financial assistance when purchasing a home. FHA allows a down payment of just 3.5% of the total cost of the home with a minimum credit score of 620.
An FHA loan is one of the most attainable home loans on the market making it a great option for first-time home buyers and offering affordable down payment requirements. Whether you’re in the market for a new home or seeking financial assistance to help renovate your current one, FHA loans can offer funding for your residential goals.
Contact us today to complete a home loan approval questionnaire. The Vallejo Team will support and educate you every step of the process.
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