FHA Home Loan
Government-backed loans with flexible requirements
FHA loans are insured by the Federal Housing Administration and designed to help first-time buyers and those with less-than-perfect credit achieve homeownership.
Who Is This Loan For?
- First-time homebuyers
- Buyers with lower credit scores
- Those with limited down payment funds
Key Benefits
- Down payments as low as 3.5%
- More flexible credit requirements
- Competitive interest rates
- Gift funds allowed for down payment
Common Questions
What is the minimum credit score for FHA?
FHA loans typically require a minimum credit score of 580 for the 3.5% down payment option, or 500 with a 10% down payment.
What is FHA mortgage insurance?
FHA loans require both an upfront mortgage insurance premium and annual mortgage insurance to protect the lender.
Why Park Cities Lending?
As an education-based mortgage company, we take the time to understand your unique situation and guide you through every step of the process. Our commitment is to find the ideal financing solution for your needs, not just close a loan.
What are your goals?