Purchase · Refinance

FHA Loans

FHA loans are insured by the Federal Housing Administration and offer flexible guidelines that can fit buyers who are still building savings or credit.

Start Your Application

Your secure application is with Cornerstone First Mortgage, LLC (NMLS #173855). Starting an application is not a loan approval or a commitment to lend.

How Daniel explains it

Daniel sees a lot of people rule themselves out before they ever have the conversation. FHA is often worth a look before you decide you're not ready.

FHA guidelines can be more flexible on down payment and credit history than some other programs, and credit requirements vary by program. He'll show you how FHA mortgage insurance works and how it compares with a conventional loan for your situation.

How an FHA loan works

The loan is made by a private lender and insured by the FHA.
Low down payment options may be available, and gift funds can often be used toward the down payment.
FHA mortgage insurance is part of the loan's cost.
Can be used for single-family homes, eligible condos and certain manufactured homes, for a primary residence.
FHA refinance and cash-out refinance options may also be available.

When an FHA loan may fit

You're buying a home you'll live in.
Your savings or credit history are still being built.
You want to compare a flexible-guideline option against conventional financing.

What to know about an FHA loan

The home must be your primary residence.
FHA mortgage insurance adds to the cost of the loan. Daniel will compare it with other options for your scenario.
Credit requirements vary by program. Cornerstone First Mortgage is an FHA-approved lender.

Straight answers

FHA Loans questions, answered

Is FHA only for first-time buyers?

No. FHA loans are available to first-time and repeat buyers, as long as the home will be your primary residence and you meet program guidelines.

Can I use gift money for an FHA down payment?

Gift funds from an eligible donor can often be used toward the down payment, with documentation. Daniel will tell you exactly what paperwork the gift needs.

Eligibility depends on borrower, property, and program requirements. Interest rates, products, and loan terms are subject to change without notice. Not affiliated with or acting on behalf of HUD/FHA, VA, USDA, or the federal government. Program availability and eligibility requirements apply.

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Ready when you are

Your mortgage starts here.

Ready to take the next step? Start your secure application. Not sure which program fits? Contact Daniel's team and he'll walk through your options in plain English.

Start Your Application

Your secure application is with Cornerstone First Mortgage, LLC (NMLS #173855). Starting an application is not a loan approval or a commitment to lend.