FHA LOANS
Federal Housing Authority (FHA) loans provide affordable options to those with less than perfect credit or lower down payment savings.
FHA Mortgage Benefits and Features
Low down payments*
Competitive interest rates
Lower minimum credit scores*
Flexible debt to income ratio*
FHA Loan: The Path to Homeownership
At Together Credit Union, we’re committed to helping you find the home loan that fits your needs. Our FHA Loan1 option is ideal for those looking to buy a home with a low down payment and more flexible credit requirements.
Whether you're a first-time homebuyer or need a little extra help qualifying, our FHA Loan could be the right solution to help you achieve the dream of homeownership.
Why Choose an FHA Loan?
- Low Down Payment: With as little as 3.5% down, an FHA loan makes homeownership more accessible, even if you don’t have a large down payment saved up.
- Flexible Credit Requirements: FHA loans are designed to help individuals with less-than-perfect credit qualify for a mortgage. It’s a great option for those who may be challenged to secure financing elsewhere.
- Competitive Rates: Enjoy attractive interest rates that can save you money over the life of your loan.
- Lower Qualification Requirements: With lower credit score and flexible income requirements, FHA loans are often easier to qualify for than conventional mortgages.
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