FHA home loans are mortgage loans that are insured against default by the Federal Housing Administration (FHA).

• Low down payment requirements
• Flexible income, debt, and credit requirements
• Down payment and closing costs may be funded by a gift, grant or secured loan
• For homebuyers with the following consideration points:
  • Limited savings
  • Low-to-moderate income

Due to these requirements, it may be best for some home buyers to apply for an FHA Mortgage. Of course, Justin Basso will make his recommendation to you based upon your own personal situation and financial needs.