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FHA Loans

Government-backed loans insured by the Federal Housing Administration, designed for first-time buyers with lower credit scores.

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FHA lenders offer government-insured mortgages with lower credit score requirements (as low as 580) and down payments as small as 3.5%, making homeownership accessible to first-time buyers. They are ideal for borrowers who may not qualify for conventional financing due to credit history or limited savings. Be aware of mandatory mortgage insurance premiums and compare lender-specific rates, as FHA rates vary between lenders.