Let Waterstone Mortgage help you achieve your dreams of homeownership with a Federal Housing Administration (FHA) Loan featuring a low down payment and flexible credit requirements.
FHA loans are insured by the Federal Housing Administration. These loans are designed to help first-time homebuyers and experienced homeowners alike. FHA loans require mortgage insurance premiums, which serve as protection for lenders in the event a homeowner defaults on their home loan. The availability of FHA loans, guaranteed by the government, allow lenders to offer mortgage financing to more homebuyers.
Down payments as low as 3.5%
FICO as low as 585
Energy-efficient mortgages, refinances, and renovation loans also available