f23fe56e_Mortgage_Types___Union__Description
[Type] FHA Loan [Benefits] The two main benefits of an FHA loan are ease of qualifying and cash down-payment requirements. Qualifying requirements are generally more relaxed than that of conventional loans and the minimum down-payment is 3.5%. [Description] 
This type of loan is insured by the Federal Housing Administration (FHA.) FHA loans are available to all qualified borrowers. Programs include both fixed rate loans and adjustable rate mortgages. Loan limits vary depending on geographic areas. FHA charges mortgage insurance on these loans.
Mortgage Types | Union
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