FHA Loans
Buying a home is one of the biggest financial decisions you’ll make, and at Three Bays Lending, we believe it should be accessible to more people. That’s why we offer FHA loans, a government-backed mortgage option designed to make homeownership easier for first-time buyers, those with lower credit scores, and buyers with limited down payment funds.
Flexible, Low-Cost Home Financing with FHA Loans
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An FHA loan is insured by the Federal Housing Administration, which allows lenders to offer more flexible qualification requirements. Whether you’re purchasing a home or refinancing an existing mortgage, an FHA loan may provide a lower barrier to entry compared to conventional financing.
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First-time homebuyers who may not have a large down payment saved.
Borrowers with lower credit scores who may not qualify for conventional loans.
Homeowners looking to refinance with an FHA Streamline Refinance.
Those seeking affordable mortgage insurance options.
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Lower Down Payment Requirements – As little as 3.5% down for qualified borrowers.
Easier Credit Qualification – More lenient approval guidelines for buyers with credit challenges.
Fixed & Adjustable-Rate Options – Choose a loan that fits your financial goals.
Streamlined Refinancing – FHA loans offer a faster, lower-cost refinancing option for eligible homeowners.