New
Jersey FHA Loans
Buying a Home using a FHA Loan
The FHA loan program was created to help increase homeownership.
The FHA program makes buying a home easier and less expensive
than other types of real estate mortgage home loan programs. Some
highlights of the FHA loan program are:
Minimal
Down Payment and Closing Costs
These advantages
of the FHA loan program has made it one of the best options for
most first time home buyers as well as move-up home buyers.
You do not
have to be a first time buyer to obtain a FHA loan, anyone may
use a FHA loan as long as you do not have more than one FHA insured
loan at any one time.