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. Barley mortgage is the leading provider of FHA Loans in Mt Pleasant, Charleston, Sullivan’s Island and Isle of Palms as well as the whole state South Carolina. For more information on FHA Loans and how to qualify contact Barley Mortgage at (843) 501-9995.

Advantages of FHA Loans

How to Qualify for FHA Loans

Mortgage Insurance Premiums

FHA Loan Limits

Apply for an FHA Loan