Buying a home shouldn’t be overwhelming—especially for first-time buyers. With FHA Loans through Robert Tyree at Clearview Mortgage, you gain access to a trusted program designed to make homeownership attainable with low down payments and forgiving credit guidelines.

What is an FHA Loan?

An FHA Loan is a government-insured mortgage backed by the Federal Housing Administration. It helps buyers secure financing with flexible terms and reduced barriers.

Who Can Use This Program?

• First-time homebuyers

• Borrowers with lower credit scores

• Buyers with limited down payment funds

• Homeowners seeking FHA streamline refinancing

How FHA Loans Work:

• Down payments as low as 3.5%

• More lenient credit requirements

• Mortgage insurance protects lenders and allows flexibility

• Can be used for purchase or refinance

• Available for single-family homes, certain condos, and multi-unit residences (up to 4 units if owner-occupied)

Qualification Requirements:

• Minimum credit score typically 580+ (or 500+ with higher down payment)

• Stable employment and reliable income

• FHA-compliant appraisal required

• Debt-to-income ratio within FHA limits

• Primary residence occupancy