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St. Louis FHA Loans

When you’re ready to buy a home, it’s important to choose the right loan for you and your family and FHA Loans are a great option for many homebuyers. They provide some great benefits, especially for those with low savings or a low credit score. Find the best option and rates for your family with USA Mortgage. We’re the FHA mortgage lenders in St. Louis here to help through every step of the process. We’ll work with you to find the best and our experienced team will be there to find the best loan for your needs. Find your opportunity today! 

What is an FHA Loan?

FHA Loans are a government mortgage that is insured by the FHA (Federal Housing Administration) and is a type of loan that is available to all qualified borrowers. They are generally easy to qualify for, allowing families with lower money in their savings and lower credit scores an easier option at a mortgage. 

Beautiful white, ranch-style house.
Who is eligible for FHA Home Loans?

When it comes to FHA loans, know that they are popular for first-time home buyers. Especially those buyers who may not have a lot of money saved up for a down payment and possibly have lower credit scores. When applying for this loan, homebuyers with a credit score of 580 or higher are able to provide a down payment of 3.5%. If you have a credit score between 500-579 you can still qualify but expect much larger down payment requirements. 

Advantages of an FHA Mortgage
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What our clients have said

The process was fast and easy. Very professional and we were walked through the whole process. Great communication and quick responses when we had questions. I would recommend all my friends to Shane with USA Mortgage.
Jennifer L. 8/16/2021
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Your Next Home in St. Louis Starts Here.
Apply today to learn more about our Conventional Loans.

Ready to Apply for a conventional loan in St. Louis? Our MLOs at USA Mortgage are here to make possibility become a reality. We’ll make the conventional loan process easy and have you ready to move into your St. Louis home before you know it. So why wait? Apply now and see what rates we’ll provide for you.