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What is an FHA loan?
An FHA loan is a mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA). The FHA makes homeownership accessible to people of all income leaves.

Why choose an FHA loan?
FHA loans are easier to qualify for:

  • 620 minimum FICO
  • As low as 3.5% down payment, if you aren’t able to do that there are other options.
  • 100% gift permitted for down payment & closing costs
  • Down-payment assistant programs allow
  • Borrowers may qualify for a loan 2 years after BK or 3 years after foreclosure
  • Section 184 available
  • Manufactured homes allowed

Have more questions about buying a home?
Visit our website to “Chat with a Lender” tomorrow from 2-4pm.

Get Pre-Qualified or contact a Lender to get you started with your home buying experience.

Mika Baker NMLS# 487274
mbaker@centralbanktrust.com
307.332.4730
Lander

Kourtney Hanger NMLS #1627278
khanger@centralbanktrust.com
307.856.4320
Riverton

Janice Hoxsey NMLS # 1233328
jhoxsey@centralbanktrust.com
307.864.5561
Thermopolis

Justin Johnson NMLS # 1735171
jjohnson@centralbanktrust.com
307.632.2124
Cheyenne