FHA Loans

FHA Loans


Low Down Payment
FHA loans require as little as 3.5% of the loan as a down payment.

100% Gift Funds Allowable
Your entire 3.5% down payment can be a gift from parents, relatives or an employer.

Lower Closing Costs
FHA loans allow sellers to give up to 6% of a home's purchase price to an FHA buyer to pay for loan closing costs.

Easier Credit Qualifying
The FHA mortgage is designed to help make quality loan programs available to more people. Because it is government-backed, you can typically qualify for an FHA loan with a lower credit score than conventional alternatives. Call APR Mortgage of Sarasota today for a quick check.

Government Insured
The FHA loan is insured by the government, and as an FHA approved Title II Lender with Direct Endorsement authority, APR Mortgage can offer options for home buyers that might not qualify for a conventional product.