FHA  loans are a popular mortgage program to use when purchasing or refinancing a home because of their low rates. The guidelines also offer flexible options which allow more borrowers to qualify. An FHA loan may be an ideal financing option for you if you’ve had past credit issues or are just looking to minimize your down payment to as little as 3.5 percent. What does an FHA Loan Provide? FHA or Federal Housing Administration which is a government agency to improve housing standards and … [Read more...]