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An FHA mortgage is a loan that’s insured by the federal housing authority (fha). fha loans are an especially appealing option for first time home buyers (FTHB), as they offer a down payment as low as 3.5% if you have a credit score above 579. If your credit score is above 500 but below 580, you are eligible for an FHA loan with a 10% down.
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Figure 1. Tropical Storm Dolphin as seen by the MODIS instrument on NASA’s Aqua satellite at 02:50 UTC May 12, 2015. At the time, Dolphin had sustained winds of 50 mph. Image credit: NASA. The last.
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