How does the FHA Mortgage Loan Work?

FHA home mortgage loans require a minimum 3.5% down payment. They are insured by the federal government therefore they have low interest rates and are easier to qualify for then some other types of home loans.




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Debbie Scarantino with Bank of England Mortgage Tennessee is a credit counselor. If you have further questions about how you might secure a home loan please feel free to use this form to ask your questions and we will be happy to get back in touch with you.