FHA Loans

FHA loans are ideal for many home purchasers, as they are guaranteed by the government under the Federal Housing Administration. The US Federal Housing Administration protects lenders by providing mortgage insurance, which safeguards them against the possibility of financial loss due to borrowers defaulting on loans.

How do you qualify for an FHA loan

  • FHA loans require a minimum credit score of 620.
  • Two years of verifiable employment history.
  • Verification of income.
  • Looking to purchase a primary residence.
  • No bankruptcies in the last 24 months.

The Advantages Of FHA Loans

There are many benefits for homebuyers who want to utilize an FHA loan.

  • Competitive closing costs
  • 3.5% down for credit scores of 620 or higher.
  • Flexible loan terms of 15, 20, or 30 years.
  • Interest rates are fixed in most cases vs. some conventional loans

Is An FHA Loan Right For Me?

With lower credit score requirements and other attractive features, these loans have been the perfect solution for those looking to buy a home. Since every person looking to purchase a home has unique financial circumstances, it is best to work with a knowledgeable lender who can help you decide if this loan is the best option for you. Contact us today to see if you qualify.

How to apply for an FHA Home Loan

FHA loans have given millions of people the chance to experience the pride of homeownership. Our team of mortgage experts at Better Lending has guided many homebuyers through the mortgage process. Contact our FHA approved lender team today to learn more about why so many people in our community have trusted us to be their mortgage lender.

This offer is made by Better Lending who is not an agency of the federal government, nor affiliated with your current lender. The loan information used in connection with this offer was derived from the credit bureaus (Experian, Trans Union and Equifax). This is not a commitment to make a loan.

*This is not a guaranteed offer, but an advertisement to lend. To qualify you will need to provide criteria including an acceptable property appraisal, and sufficient property collateral, as well as verification of personal income, sufficient credit history and clean property title. Not all programs are applicable to all borrowers and rates are subject to change at any time based on market conditions and borrower eligibility. This is not a commitment to lend. Nothing herein shall be construed as an offer to lend nor a commitment to lend, the above statements are examples of possible scenarios.

** Better Lending is not a government agency or affiliated with a government agency.

***All above interest rate scenarios assume a rate and term of refinance single family detached, owner-occupied residence with, credit score above 740, $300,000 loan amount, Loan-to-value ratio of 75 percent or less. $1495.00 for processing and underwriting fees, two discount points as of notice date, and the establishment of an escrow account. All the above rates and savings estimated are examples consistent with the prior description.

ⁱ Interest rate and payment scenario listed contains closing costs

⁺ Up to $500 credit applied as a lender credit towards appraisal at time of closing


Contact Us Today

Contact us today to learn more about why so many homeowners have trusted us to be their lender of choice for Conventional loans.

Corporate Office

Day To From
8:00 AM
7:00 PM
8:00 AM
7:00 PM
8:00 AM
7:00 PM
8:00 AM
7:00 PM
8:00 AM
7:00 PM
Saturday (Remote Hours)
10:00 AM
3:00 PM