What is an FHA Loan

What is a FHA Loan?*

In 1934, the Federal Housing Administration (FHA) was established to improve housing standards and to provide an adequate home financing system with mortgage insurance. Now families that may have otherwise been excluded from the housing market could finally buy their dream home.

FHA does not make home loans, it insures a loan; should a homebuyer default, the lender is paid from the insurance fund.

Buy a house with as little as 3.5% down.

Ideal for the first-time homebuyers unable to make larger down payments.

The right mortgage solution for those who may not qualify for a conventional loan.

Down payment assistance programs can be added to a FHA Loan for additional down payment and/or closing cost savings.

*For loan examples and more information please visit www.apmortgage.com/disclosures.

© 2024 American Pacific Mortgage Corporation (NMLS 1850). All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity. Branch NMLS #129988 - AZ license #: 0946515 Licensed by the Dept of Financial Protection and Innovation under the CRMLA Georgia Residential Mortgage Licensee Licensed under the Oregon Consumer Finance Act | Licensed by the Department of Financial Institutions, Consumer Loan Company License CL-1850. Licensed in CA, FL, OR, ID, AZ, TN, GA, TX, MT, WA, CO, SC, HI, KY, NV. AZ BK 0906702
Not Available in New York

Regulated by the Colorado Division of Real Estate NV MB 164

Texas Disclosure Notice

https://www.apmortgage.com/state-license-info

Not available in New York

What is a FHA Loan?*

Follow Me:

Contact Cindy Tomlinson