FHA loan is for:
- If you are having trouble meeting the criteria for most standard home loans.
- Loans for People with Less Than Perfect Credit
FHA's mortgage insurance programs help low and moderate income families become homeowners. FHA mortgage insurance also encourages mortgage companies to make loans to otherwise creditworthy borrowers and projects that might not be able to meet conventional underwriting requirements, by protecting the mortgage company against loan default on mortgages for properties that meet certain minimum requirements.