FHA Loans

Cheerful young family smiling and unboxing their stuff while moving into a new apartment

What are you FHA Loans?

FHA loans are an attractive option, especially for first-time homeowners because it is insured by the Federal Housing Administration (FHA).  Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. Typically, the borrower can be approved with 3.5% Down vs 20% that is required on other loan programs.

Looking for an FHA Loan in West Palm Beach?  Let Buena Vista Lending assist. Since 1999 our Sr. Loan Officers have been helping buyers in West Palm beach, Palm Springs, Lake Worth, Wellington, and surrounding areas purchase their homes.

FHA Loan Requirements

  • Fico Score 580+
  • Single Family Residence and Multi Family
  • LOW down payments 3.5%
  • Low closing cost
  • Lower Interest Rates

Let Buena Vista lending assist you in your FHA Purchase. FHA provides an easier and more flexible qualification process for you the borrower!


Click here to start the process now!


FHA loans is the most popular government-backed loan. These loans
bring many benefits, not only to first-time home buyers, but also move up
buyers. Did you know historically FHA MORTGAGE RATES are lower when
compared with other loan types. This could translate to more buying power.

There is also a program that can help with repair and renovation cost
click here


Lenient Credit Scores FHA loan allow the flexibility to allow
lower credit score due to financial speedbumps or lack of credit history.

Lower down payment Like credit scores government backed
FHA loans allow lower down payments with a credit score of 580 or
higher. You can make a payment as low as 3.5%

Gift funds are easier to use to assist toward your down

Debt-to-Income Ratio FHA mortgages give borrowers lenience
than other loan programs

FHA loan cons

There are certain drawbacks to FHA loans that one should

MIP – Mortgage Insurance Premiums FHA Loans require borrows
pay mortgage insurance that is reflected in your monthly payment. This
insurance protects the lender in case a default of payment.

Less attractive offer FHA loans do have stigma of being less
favorable when compared to conventional loan offers. Markets are very
competitive; this is a factor you must take into consideration.

FHA provides an easier and more flexible qualification process for you the
borrower! If you have any questions call 561-641-4663


Buena Vista Lending Group, LLC

NMLS# 347423

Equal Housing Opportunity

Contact Us

Buena Vista Lending Group, LLC
2537 Forest Hill Blvd.
West Palm Beach, FL 33406
(561) 641-4663