FHA Loans have specific advantages that make them a desirable option for many home buyers:
- Required down payment is only 3.5% of the purchase price
- Money for the down payment can be gifted
- Bankruptcy or foreclosure does not necessarily disqualify a borrower
If you are shopping for a home and would like to learn more about the benefits and advantages of FHA loans, contact our team at 828-348-1907 today.