FHA Loans

FHA loans are mortgages insured by the Federal Housing Administration. In addition to your monthly mortgage payment, there is a mortgage insurance premium that protects the lender from a borrower defaulting. FHA loans are usually for first-time homebuyers who cannot meet specific down payment and/or credit score requirements.

An FHA loan might be the loan for you if:
  • You are unable to meet stricter qualification requirements such as higher credit scores
  • You prefer less than 20% down payment requirement for a purchase loan (as low as 3.5% down)
  • You currently have an FHA loan and would like an FHA streamline refinance or FHA cash out refinance

Titan Mutual Lending Inc. can help get you in the right program today!