Life is expensive and full of twists and turns. Sometimes it might seem like homeownership is way out of reach. It's important to remember, traditional home financing plans aren't the only path. Government-backed home loans cut buyers a break when it comes to mortgage down payment requirements and credit histories. You'll be able to make that move to a home you've always wanted with a Federal Housing Administration (FHA) Loan from First Bank.
- Find an alternative route to financing if you're a first-time homebuyer or have a modest income.
- Make your home purchase by putting down as little as 3.5%.
- Qualify for an FHA Loan even if your credit score isn't perfect.
- Use gifts from family members or employers, or a government grant, to meet financial requirements.
*Loan is subject to credit approval and program guidelines.