Apply For Fha Mortgage Online

Loan pre-approval, contrary to popular belief, is not for the agent’s benefit. Loan pre-approval is to prove a buyer’s credibility to the seller. Real estate experts tell first-time home buyers that it’s critical to apply for a loan before shopping for a home because a loan pre-approval is an essential first step.

Application can be made by calling 877.303.1639, by applying online, or by meeting with a mortgage loan officer. FHA loans also make it a little easier for people to qualify for a mortgage. They allow people to buy a home with a down payment as small as 3.5%, compared to the usual 20% to 30% down required by traditional lenders.