FHA Loans

HandsFHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

What is a FHA Loan?

A FHA Loan is provided by the Federal Housing Administration and has a lower down payment.

Benefits of FHA Loans

There are many benefits to FHA Loans beyond just a lower down payment.

FHA Loan Eligibility

FHA Loans have more flexible requirements than a traditional conventional mortgage.

FHA Loan Limits

Different counties have different limits on how much you can borrow for an FHA Loan.

Get Pre-Approved for a FHA Loan

If you are a first time home buyer, or simply seeking a lower down payment in Chico, Walnut Creek, Paradise CA, Yuba City, Sacramento, or anywhere in California, contact Tim Kemper at Stanford Mortgage at (530) 571-7723 for more information, simply fill out the form on this page.