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SAVE LESS. DREAM BIGGER. FHA Loans can be a great option to reach your homeownership dreams faster, with less out of pocket.
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FHA Loan Requirements

Minimum 3.5% Down Payment

You need a minimum of 3.5% of the purchase price.

Minimum Credit Score of 600

The minimum credit score requirement is only 600.

First Time Homebuyer

FHA Loans are perfect for the first time buyer.

FHA Loan benefits

Low Down Payment

With a minimum of 3.5% down, you won’t have to save as much to get started.

Low Credit Score

Even if your credit isn’t perfect, that’s ok. You can start looking with a minimum score of 600.

DTI Flexibility

FHA loans offer more options when it comes to calculating your DTI (Debt to Income).

FHA Loans at The Federal Savings Bank.

We offer FHA Loans provided by the Federal Housing Administration. FHA loans are a great option for people who will be using the property as their primary residence or who are seeking to refinance their current home.

We provide a wide range of FHA loan programs, from Construction to a 203k, which allows you to buy a home and fix it up with one single loan.

This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to you individual situation.

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