FHA home loans are mortgage loans that are insured against default by the Federal Housing Administration (FHA). FHA loans are available for single family and multifamily homes. These home loans allow banks to continuously issue loans without much risk or capital requirements. The FHA doesn't issue loans or set interest rates, it just guarantees against default.
FHA loans allow individuals who may not qualify for a conventional mortgage obtain a loan, especially first time home buyers. These loans offer low minimum down payments, reasonable credit expectations, and flexible income requirements.
© 2019 Keystone Funding, Inc. All Rights Reserved. 519 S Red Haven Lane, Dover, DE, 19901. Corporate NMLS ID: 144760 (www.nmlsconsumeraccess.org). Keystone Funding Inc. is a mortgage lender licensed by the following states; Delaware, Maryland, Virginia, Pennsylvania, New Jersey, North Carolina, Florida & the District of Columbia.
This is not a commitment to lend. Restrictions may apply. LTV limit is based on current, accurate appraised value. Keystone Funding Inc. reserves the right to amend rates and guidelines. All loans are made in compliance with Federal, State, and Local laws. Keystone Funding Inc. is an equal opportunity lender.