Home sold

Let's Talk FHA

Tagged as: Homeownership
If you’re interested in buying or refinancing a home but find that a conventional mortgage loan isn’t a fit for you, a Federal Housing Administration (FHA) loan may be an option.

What is an FHA?

An FHA loan is a home loan that is issued by private lenders but insured by the federal government. Because of that federal backing, lenders are able to offer better flexibility with credit history and down payment requirements.

Is an FHA right for you?

FHA loan programs look at your credit history instead of just your credit score, which may help borrowers who can demonstrate improved credit and positive debt management. Additionally, down payment requirements are lower. They can be as low as 3.5% instead of a more typical 10-20% that is required for a conventional loan.


Free Financial Counseling

Through our partnership with BALANCE, you are eligible to take advantage of their free financial counseling service. The service offers credit repair, debt consolidation, financial education, and more. They can even help you create a debt management plan. 


What else you need to know

FHA loans feature:

  • Low down payment requirements
  • More flexible credit score requirements
  • Primary residences only
  • Refinance options available
  • Payment mortgage insurance (PMI) required

Complimentary consultation

If you’re interested in learning more about FHA loans or to see which mortgage products available through 1st United or our mortgage partner may be a fit for you, simply call one of our friendly real estate experts at (800) 649-0193. We’re happy to help.



Recommended for You


handshake icon illustration

Meet Us
We're your neighbor! Learn how we put our members and community first.

plant icon illustration

Financial Education
Stay informed about the latest news and scams, and learn how to reach your goals.

pie chart with coin icon illustration

Today's Rates
Don't miss out on our competitive rates.


Couple lounging at home

Happiness is right around the corner.

Focus on the joys of buying your new home – our experts will handle the paperwork.

Mortgage Loans