skip to main content

Today's Mortgage Rate:

1.875% Fixed | 2.952% APR

FHA, 20% equity, qualified credit

Federal Housing Administration (FHA) Loans are government-backed loans offering home buyers low-interest rates and a low down payment. FHA loans are common among first-time home buyers and those with stable employment but may not qualify for a traditional home loan. With a low-cost of living and big city charms, Indianapolis is a great location for those looking to purchase their first home and for qualified buyers. 

Advantages of FHA Loans

  • 3.5% Down Because FHA loans are government-backed by the Federal Housing Administration, borrowers only have a 3% required down payment. This low rate make it possible for those who cannot make a large down payment.  
  • Flexible Requirements FHA loans allow more Indianapolis residents to purchase a home within guidelines that work with their financial goals. With flexible credit requirements and reduced income obligations, FHA loans are a great choice for any home buyer. 
  • Assuming a FHA Loan Home purchasers have the option to assume the previous owners FHA loan upon the purchase of their home. This process ensures the new owners will enjoy the lowest rate stipulated from the original FHA loan, regardless of rising mortgage rates. 
  • Fast-tracked Loan Process Since FHA loans are backed by the government, borrowers are able to save time by quickly qualifying and solidifying the purchase of your dream home. 

FHA Loans with Golden Oak Lending Indianapolis

Golden Oak Lending Indianapolis is an FHA-approved lender that understands the growing Indianapolis housing market. Our lenders strive help you find the best home loan at the lowest rate so that you can feel comfortable with your home loan process. Call or contact Golden Oak Lending Indianapolis today to find out how you can apply for an FHA loan.

Conventional Home Loans Graphic Icon

Conventional Loans

Conventional Loans

FHA
Loans

FHA
Loans

Home Equity Loans

Home Equity Loans

Cash-Out Loans

Cash-Out Loans

Home Refinancing

Home Refinancing

USDA Refinancing

USDA Refinancing

New Home Loans

New Home Loans

VA
Loans

VA
Loans

Jumbo
Loans

Jumbo
Loans

Get
Pre-Approved

Get
Pre-Approved

Learn More