Standard post published to Wave Lending Group #21751 at January 23, 2024 16:01

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

Due to their low down payment requirement and flexibility regarding credit history, FHA loans are widely sought after. Just a down payment of 3.5% is required, so it’s more accessible for many individuals to buy a home.

New homebuyers 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 an experienced professional in Federal Housing Administration (FHA) loans to explain what they are about, call Wave Lending Group in Puyallup!

Our experienced team will provide comprehensive information on 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
Get 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 happy to talk with you!

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