Fha 203K Lenders In Florida FHA Home Loans. A Federal Housing administration (fha) loan provides you with an alternative to conventional financing. A great option for borrowers with limited money available for a down payment, FHA home loans allow you to choose a fixed-rate or an adjustable-rate loan.
The first thing you need to know is how much of a loan you can get from the bank. Be sure you carefully read all contracts and agreements. It would be a good idea to have a real estate attorney.