Park place
mortgage
loan program
Federal Housing Administration
(FHA)
Overview
FHA Loans are government-backed mortgages designed to help first-time homebuyers and those with less-than-perfect credit. With lower down payment requirements and more flexible qualifications, they make homeownership more accessible and affordable.
benefits
• Low down payment requirements
• Flexible credit score guidelines
• Competitive interest rates
• Ideal for first-time homebuyers
• Allows gift funds for down payment
• Higher debt-to-income ratio accepted
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