There are a lot of reasons to ask for an FHA loan instead of taking a conventional or an expensive and riskier sub-prime mortgage loan. FHA has many advantages and benefits that other loans do not cover.
Easier to Qualify because FHA insures your mortgage and we are more willing to give you a loan with lower qualifying requirements which makes it easier for you as a buyer to qualify.
Costs Less – FHA loans have competitive interest rates because the loans are insured by the Federal Government. Always compare an FHA loan with other loan types.