FHA Loans
A FHA (Federal Housing Administration) loan is a government insured loan that offers lower down payment requirements to help first-time homebuyers and experienced homebuyers alike.
Benefits
- Smaller down payment requirements - as low as 3.5%
- Lower monthly mortgage insurance premiums
- Refinance and renovation loans available
- Fixed rate and ARMs available:
- Various term options:
- 30 year fixed
- 15 year fixed
- 5 year ARMs
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All loans are subject to credit approval. Level One Bank does not act on behalf of or at the direction of HUD/FHA or the federal government.