FHA Loans

A Federal Housing Administration (FHA) Loan is insured by the Federal Housing Administration. This is often a popular product for first-time homebuyers, as it offers low down payment options. An FHA loan requires as little as 3.5% down, making it an appealing option for both first-time homebuyers as well as anyone having difficulty coming up with a larger down payment.


  • Smaller down payment requirements – as low as 3.5%
  • Lower monthly mortgage insurance premiums
  • Refinance loans available
  • Fixed rate and ARMs available
  • Various term options:
    • 30 year fixed
    • 15 year fixed

Call a loan professional to help at (855) 231-3700.

All loans are subject to credit approval. First Independence Bank does not act on behalf of or at the direction of HUD/FHA or the federal government.