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

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

Due to their attractive down payment requirement and flexibility in regards to 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.

Those buying their first home 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, 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 detail.

Here's how our FHA home loan process works:

Fill out our simple FHA Loan Qualifier
Get options based on your unique criteria and scenario
Compare mortgage interest rates and terms
Choose the offer that matches with your needs.

We look forward to talking with you!

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