By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
If you're a first-time home buyer looking to get into your dream home, an FHA Loan may be the right option for you. Backed by the Federal Housing Administration (FHA), FHA loans can help potential homebuyers with low to moderate-income achieve homeownership. It's important to note that with an FHA loan, the FHA doesn't actually lend you money for a mortgage. Instead, you get a loan from an FHA-approved lender—a bank or another financial institution.