– The FHA loan program has always been popular with first time home buyers because it requires a lower down payment (as low as 3.5%) and accepts borrowers with lower credit scores. There are also several different types of FHA programs available to borrowers, such as the rehab and energy efficient mortgage.
FHA vs Conventional Home Loans | U.S. Bank – While not the only options, the most popular choices among home buyers are conventional loans and government-backed fha loans. With their more flexible lending requirements, FHA loans are well-suited for first-time home buyers, particularly because those with lower credit scores may be accepted.
FHA FHA First Time Home Buyer – FHA Government Loans – FHA First Time Home Buyer. Low-Interest Loans, Credit Assistance, and Expert Advice. Purchasing a home is one of life’s major landmarks and for some, it is even a dream come true. Here at FHA Government Loans we understand the magnitude of this decision and it is our goal to make your transition into home ownership unforgettable.