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FHA Loans

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Author: Kaitlyn Short

LAST UPDATED: October 28th, 2023

FHALoans.com is a lender and borrower matching service that is focused on FHA home loans. Its services make it easy for borrowers to get customized lender recommendations from multiple companies that offer FHA purchase and refinance loans.

FHALoans.com simplifies the loan comparison process for you. Instead of having to sort through a number of lender offers on your own, FHALoans.com will provide you with the tools, resources, and lender recommendations to make your loan search easier. First-time home buyers will especially benefit from the wide range of online resources available on FHALoans.com.

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The Good

  • Easy to Qualify
  • FHA Loan Matching Quiz
  • FHA Home Loan Tools

Easy to Qualify

FHA loans make it easier for borrowers to qualify for a mortgage. With FHALoans.com, eligible borrowers can get approved for a loan with a down payment that is as small as 3.5 percent. Those with lower than average credit scores will also have a better chance qualifying for a loan through FHALoans.com.

These standards are typical for most FHA lenders, however FHALoans.com will increase your odds of being matched with a lender with similar qualifications.

FHA Loan Matching Quiz

FHALoans.com is able to match borrowers and lenders through its personalized and detailed matching processes. Potential consumers are asked a series of questions to inform the most ideal loan recommendations for them. Some of the questions may ask you about:

  • Location
  • Estimated Home Price
  • Desired home types
  • Desired home use
  • First-time homebuyer
  • Desired move-in date
  • US military relations
  • Desired down payment
  • Employment status
  • Annual income
  • Recent Bankruptcy
  • Credit score
  • Real estate agent

Once the form is complete, a lender will reach out with personalized recommendations via phone or email to present your best loan options.

FHA Home Loan Tools

FHALoans.com offers a variety of online education and resources to help you feel confident about the home loan process. It can help you understand the general FHA loan process, plus its customizable tools make it easy for you to estimate your future expenses based off of your current situation.

Two of the most unique tools that it offers are the FHA home mortgage calculator and the FHA home affordability calculator. The FHA home mortgage calculator allows you to estimate what the payments of your FHA loan may be. The FHA home affordability calculator allows you to estimate what homes you can and cannot afford to buy.

Not all loan comparison sites offer these kinds of tools, making FHALoans.com a great option if this is your first time ever looking into an FHA loan.

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The Bad

  • Lack of Reviews

Lack of Reviews

It is unclear how effective FHALoans.com's matching tool is. There are no reviews on its website or Best Company to confirm customer satisfaction with this product.

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The Bottom Line

If you are looking for a FHA purchase or refinance loan then FHALoan.com is a great place to get customized loan recommendations. First-time home buyers will especially benefit from all the free tools and resources.

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Star Rating

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6 Reviews

Review Breakdown

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67%

4 grade

17%

3 grade

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2 grade

0%

1 grade

17%

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Cynthia Landing Forest City, IL

I have a FHA loan the services they provided made me a happy homeowner by getting me an affordable interest rate, recognizing me as a first time buyer gave me more incentives and my down payment was affordable. The time frame through this process was short lived

2 years ago Edited January 3, 2022

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margaret dickens Albuquerque, NM

The whole process was simple and explained every step of the way. The paperwork is pretty easy to read for financial paperwork! Opportunity was given often to ask any questions.

2 years ago

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cheryl yeary Denver, CO

I liked the FHA loans because it was very easy to work with. All of the employees are friendly and very helpful. I did not have any bad experiences with them. I recommend FHA loans to anyone.

3 years ago

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Gail Schmaus Valparaiso, IN

Buyer puts down very low percentage as a down payment. The bank dragged their feet on appraisal and I found myself at the end of the buying season with a 30k less than the original offer. I had already purchased another home. In the end you end up paying for the lack of the 16% that would have been required on a conventional loan.

1 year ago

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Verified Customer

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Joe Freeman

Clearly explained and very helpful and trustworthy

3 years ago

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Laura Washington Augusta, GA

My current home loan is FHA. I bought this house in 2012. The process went very smoothly.

3 years ago