The DTS Mortgage team wants to make your moving to Colorado a quick easy process. DTS mortgage has been helping Coloradoans finance their dream homes for over 40 years. Whether you’re shopping for your first house or relocating, the highly experienced team of mortgage brokers here can help you take that first step toward an FHA Loan.
What is an FHA Mortgage?
FHA mortgages are a great option for homebuyers in Colorado, as they tend to be more flexible than other mortgage options. FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.
FHA loans are an attractive option, especially for first-time homeowners:
- Generally easier to qualify for than conventional loans.
- Lower down payment requirements.
- Cannot exceed statutory rate limits.