FHA loans are ideal for those who seek greater flexibility in credit, down payment, and income. This flexibility can make homeownership possible! If a borrower cannot qualify for a conventional loan, an FHA loan is a great option.
Originally, FHA loans were created for first-time homebuyers with less-than-perfect credit. Now, FHA loans are available to borrowers of all kinds.
Insured by the Federal Housing Administration (FHA), FHA-approved lenders are able to provide FHA loans at a reduced risk in the event the borrower defaults on their mortgage payments.
Credit scores as low as 550 may be accepted (depending on the situation).
3.5% down for fixed rate
Flexible & easier to qualify for
Fixed or Adjustable
Insured by the FHA
Ready to Buy a Home?
Cardinal Financial offers flexible loan options to fit your needs. As your go-to trusted professional, Eric will help you navigate your loan options, evaluate trade-offs, and execute a smooth transaction to get you to the finish line as a new homeowner.
With over 20 years of experience in the mortgage industry, Eric Haubenschild with Cardinal Financial has the knowledge and expertise to guide you through the mortgage loan process.