Federal Housing Authority (FHA) loans make homeownership easy

The Federal Housing Administration (FHA) insures mortgage loans to provide affordable home financing. FHA loans offer a low down payment and provide the security of a fixed-rate mortgage.

• 3% minimum cash investment
  • This can be a gift from a family member, employer, charitable organization or local government assistance.
  • The investment can be used towards your down payment and/or closing costs.
• Flexible credit requirements
  • Non-traditional credit may be acceptable.
• No income limits
  • Maximum mortgage limits set for each county or Metropolitan Statistical Area.
• Versatility
  • FHA loans may be used to purchase or refinance new or existing one-to four-family homes.
• Terms to fit your needs
  • FHA loans are offered at 15 or 30-year terms

An FHA Loan may be used to purchase or refinance your primary residence. We have home loans for any situation or income level, so contact the home loan specialists at UW Credit Union to learn what's right for you.