FHA Loan

Are you an aspiring homeowner? Get in touch with Innovative Mortgage today. We help individuals with a wide range of portfolios to achieve their financial goals.

In the past, poor credit made it nearly impossible to own a home. That’s no longer the case. The Federal Housing Administration (FHA) offers specialized loans created for individuals with bad credit or limited credit history. These low-credit, low-down payment options help individuals get the financing they need to invest in their future.

For more details about FHA loans, call us today at 509-737-2000.

What you should know about FHA loans

Buying a home can be stressful. Adding in loans and mortgages can make an already complex process even more complicated. If you’re considering applying for an FHA loan, you should know that:

  • Qualifying for an FHA loan is simple
  • These are government-insured loans, which means you’ll get the lowest interest rates and mortgage insurance rates available.
  • You’re eligible for a down payment as low as 3.5%, which is much lower than most other loan requirements.

Want to learn more about your FHA loan options? Schedule a consultation with an advisor at Innovative Mortgage today.