An FHA loan is a government-backed mortgage insured by the Federal Housing Administration.
FHA loans are available for people with credit scores of 580 or higher with down payments as low as 3.5%. FHA loans are federally backed mortgages designed for low-to-moderate income borrowers who may have lower than average credit scores.
FHA loans require lower minimum down payments and credit scores lower than many conventional loans.
This loan is a great option for people whose credit scores are 580 and higher, and who have a 3.5% down payment.
You can trust Obsidian Mortgage to guide you to the best FHA mortgage loan product for your needs.
OBSIDIAN MORTGAGE | PRIVACY POLICY | TERMS & CONDITIONS | NMLS ID #1425046 | NMLS CONSUMER ACCESS | TX DISCLOSURE
OBSIDIAN MORTGAGE | PRIVACY POLICY | TERMS & CONDITIONS | NMLS ID #1425046 | NMLS CONSUMER ACCESS | TX DISCLOSURE | LICENSED IN AL, FL, TN, TX
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