
The Federal Housing Administration (FHA) loan is a government-supported mortgage program offered to make homeownership more accessible.
Due to their reasonable down payment requirement and flexibility in regards to credit history, FHA loans are widely sought after. Just a 3.5 percent down payment is required, so it’s convenient for many buyers to buy a home.
New homebuyers and buyers with moderate 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 seasoned team in Federal Housing Administration (FHA) loans to clarify what they are about, call Wave Lending Group in Puyallup!
Our experienced team will talk to you about FHA loans and explain every step of the approval process in detail.
Here's how our FHA home loan process works:
Complete 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 look forward to talking with you!
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