FHA Home Loan
First-time homebuyers may want to go with an FHA loan. It has a lower down payment option and flexible underwriting criteria.Get started today
What's my takeaway?
The Federal Housing Administration (FHA) insures FHA home loans. Because of that, FHA-approved lenders can offer these more flexible loans because borrowers using an FHA loan pay mortgage insurance (PMI), which protects the lender in case the borrower defaults.
* KBHS Home Loans is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government.
Flexible qualifying guidelines with lower credit score requirements
Fixed and adjustable rate terms available
Down payment as low as 3.5%
Down payments can be paid with gift funds