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Flat Branch Home LoansFHA Loan Program

The Federal Housing Administration (FHA) loan program benefits buyers purchasing a primary residence with a low down payment while getting a favorable interest rate.

FHA loans are a great way to save money on your home purchase or refinance. Since these loans are insured through the federal government, FHA mortgages can be easier to qualify for than conventional home loans.

Who’s it For?

FHA loans are designed for low- to moderate-income homebuyers who may have less-than-great credit. You do not have to be a first-time homebuyer to qualify for this program.

Low Down Payment

The biggest benefit of an FHA loan is a low down payment requirement. Buyers using this financing can put as little as 3.5% down toward their home purchase. They also have flexible guidelines regarding where your down payment comes from, such as a gift from family or a grant.

FHA loans carry a 1.75% upfront mortgage insurance fee that can be rolled into the loan. FHA borrowers are charged monthly mortgage insurance in addition to the up front fee.

Flat Branch Processes and Underwrites Your FHA Loan

Flat Branch Home Loans is a Full Eagle FHA lender. Our status with the U.S. Department of Housing and Urban Development (HUD) allows Flat Branch to underwrite FHA mortgages on behalf of HUD. This means your FHA loan will be processed and underwritten by the friendly Flat Branch Home Loans staff.

Flat Branch makes FHA mortgages easy while saving you money!