FHA Mortgage Loans provided by Fairway Independent Mortgage Corporation offer a viable path to homeownership with lenient qualification criteria, making them an excellent choice for first-time buyers or those with modest incomes. These loans are backed by the Federal Housing Administration and feature low down payments, flexible income and credit requirements, and are available in both fixed and adjustable-rate formats. FHA loans can also accommodate up to 6% seller contributions towards closing costs and allow the use of gift funds for down payments.
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