Issued by the Federal Housing Administration (FHA), this loan is a great solution for first-time homebuyers, especially if you have low-to-moderate income, less-than-perfect credit, or are unable to make a large down payment.
3.5% down payment required for maximum financing
Easier to qualify
Requires you to pay mortgage insurance
Member FDIC, Equal Housing Lender, FNB NMLS: 452582