FHA Loans

Federal Housing Administration (FHA) loans are a popular option for home buyers, particularly first-time buyers, who may not have a large down payment or a high credit score. FHA loans are insured by the government, which means lenders are more willing to offer these loans to borrowers who may not qualify for a conventional mortgage.

FHA loans typically require a down payment of just 3.5% of the purchase price, making it easier to get into a home. They also have more flexible credit requirements than conventional loans, allowing borrowers with less-than-perfect credit to still qualify. Van will tell you in one call whether FHA is your best route — and if it isn't, what is.