Standard post published to Wave Lending Group #21751 at October 15, 2023 16:02

The Federal Housing Administration (FHA) loan is a government-supported mortgage program designed to make homeownership more accessible.

Due to their favorable down payment requirement and flexibility in regards to credit history, FHA loans are widely sought after. Just a 3.5% down payment is required, so it’s easier for many people to purchase a home.

First-time buyers and buyers with limited credit or down payment capabilities - those who cannot manage a traditional 20% down payment - are more likely to choose an FHA loan.

If you need a knowledgeable specialist in Federal Housing Administration (FHA) loans to explain what they are about, reach out to Wave Lending Group in Puyallup!

Our experienced team will tell you all about FHA loans and explain every step of the approval process in depth.

Here's how our FHA home loan process works:

Fill out our simple FHA Loan Qualifier
Receive options based on your distinct criteria and scenario
Compare mortgage interest rates and terms
Pick the offer that fits with your needs.

We will be glad to talk with you!

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