Pensacola FHA loans have been helping people become homeowners in the Pensacola area since 1934. The Federal Housing Administration (FHA), which is part of HUD, insures the loan so we can offer you a better deal!
FHA loans are great for first time homebuyers. Your downpayment can be as low as 3.5% of the purchase price and most of your closing costs and fees can be included in the loan. This type of loan is available on 1 to 4 unit properties.
FHA allows you to buy a home, fix it up and include all closing costs in one loan! Or, you can refinance what you owe and add the cost of repairs…all in one loan.