FHA loans are designed to help first-time homebuyers achieve their dreams with ease. Backed by the Federal Housing Administration, these loans offer lower down payment requirements and flexible credit score criteria. Whether you’re purchasing your first home or looking to refinance, FHA loans provide the support you need to make homeownership a reality. Discover how BrambleFin can guide you through the FHA loan process today!
Flexible Financing for Your Dream Home
Top 4 Benefits of FHA Loans
LOW DOWNPAYMENT
FLEXIBLE CREDIT REQUIRMENTS
LOW/HIGH DTI RATIO
LOAN ASSUMPTION
"Common Misconceptions About FHA Loans"
Addressing myths and providing clarity.
FAQS
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Typically, 3.5% for credit scores of 580 and above.
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You can qualify with a score as low as 580; some lenders may accept lower scores with a larger down payment.
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Yes, both upfront and annual mortgage insurance premiums are required.
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Yes, you can use it to purchase a duplex, triplex, or fourplex, as long as you live in one unit.
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There are no specific income limits; however, lenders will assess your debt-to-income ratio.
Why We Chose an FHA Loan: Real Stories from Homeowners
"As a first-time buyer with a modest income, I was worried about affording a home. The FHA loan made it possible with its low down payment. I never thought I could own a home this soon!" - Jessica T.
"We wanted to buy a multi-family home to generate rental income. The FHA loan not only helped us with the down payment but also allowed us to invest in our future." - Mark and Lisa R.
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