FHA Mortgage Loan
An FHA (Federal Housing Administration) Loan is a wonderful way for first time home buyers to afford the house of their dreams, while benefiting from a lower down payment, sometimes as low as 3.5% of the value of the house.
An FHA Loan is a mortgage that is insured by the Federal Housing Administration. The Federal Housing Administration has insured over 35 million home mortgages and 47,205 multifamily project mortgages since 1934.
- Easier to Qualify
- Less than Perfect Credit
- Low Down Payment
- No Prepayment Penalties
Your Standard Bank Mortgage Consultant will help find the right home loan for you. To learn more about FHA Loans, simply call Standard Bank toll-free at 866-499-BANK (2265) or visit any of our many branches throughout the Chicagoland and Northwest Indiana area.