The Federal Housing Administration (FHA) loan is a government-supported mortgage program offered to make homeownership more accessible.
Due to their favorable down payment requirement and flexibility regarding credit history, Federal Housing Administration loans are very popular. Just a 3.5% down payment is required, so it’s convenient for many buyers to purchase a home.
First-time buyers and buyers with modest 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 clarify what they are about, contact Wave Lending Group in Puyallup!
Our experienced team will tell you all about FHA loans and clarify every step of the approval process in full detail.
Here's how our FHA home loan process works:
Complete our simple FHA Loan Qualifier
Get options based on your distinct criteria and scenario
Compare mortgage interest rates and terms
Select the offer that matches with your needs.
We will be happy to talk with you!
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