FHA mortgages are loans that are insured by the FHA for 1-4 family homes. Loan limits set by the FHA vary by area. FHA Direct Loans aim to allow first time homebuyers to obtain a mortgage. There are various benefits to obtaining an FHA loan, including minimums of as little as 3% as a down payment, a portion of which may be a gift from a relative. Closing costs can be paid through the seller with a contribution of up to 6% of the purchase price.

As an FHA lender, MyMortgage4Less.com uses common underwriting techniques while following FHA guidelines to evaluate each purchase and refinance on a loan-by-loan basis. Clients currently holding an FHA loan may qualify for an FHA Streamline refinancing, requiring a fraction of the paperwork.