FHA Loans - Purchase

$8000 Tax Credit for First Time Home Buyers

Click here to learn more about how this program can put up to $8000 back in your pocket by buying a home before Dec. 2009.

FHA First Time Home Buyers Program
For first time buyers, the whole buying process can be very intimidating. But if you follow the correct steps, you will be in your new home in no time! Let one of our FHA Mortgage Specialists help you with the process. Start today by simply filling out and submitting the form to the right.

Facts for FHA First Time Home Buyers

• FHA loans offer a loan guarantee for mortgage companies. If you acquire a FHA loan to purchase a home, the FHA is not actually lending money to you, the buyer; the FHA simply guarantees the lender in case you, the borrower, default on your mortgage payments.
  
  
• You can pay as little as a 3.5% of the purchase price of your home for your down payment, and finance your closing costs with your mortgage loan. The FHA can guide you toward programs that require no down payment.
  
  
• You can purchase manufactured homes and condominiums with a FHA loan.