Georgia FHA Loans

Georgia FHA Loan:

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

FHA loans are an attractive option, especially for first-time homeowners:

  • Generally easier to qualify for than conventional loans.
  • Cannot exceed statutory loan limits for the area.
  • 3.5% down payment can be borrower's own funds and/or a gift from a relative.
  • Minimum qualifying credit score 580+.