FHA Loans

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.Typically the borrower can be approved with 3.5%* down vs 20% that is required on other loan programs.

*Please visit our Disclosures page for more details for all loan types.” on all pages that have the above terms https://www.apmortgage.com/disclosures