What is an FHA Loan?
An FHA loan is a mortgage insured by the Federal Housing Administration. It was created to help buyers with lower credit scores or smaller down payments achieve homeownership.
How an FHA Loan Works
Borrowers apply through approved lenders, while the FHA provides insurance to reduce the lender’s risk. This allows for more flexible approval standards and lower entry barriers.
Benefits of an FHA Loan
FHA loans offer low down payments and more lenient credit requirements. They open the door to homeownership for first-time buyers and those with limited savings.
Capstone for Mortgage Education and Mortgage Training Classes
Capstone Institute’s courses prepare students to explain FHA loan requirements to clients. Our training programs cover loan options in detail, making mortgage education both practical and valuable.