FHA Home Loans Guide
Housing assistance programs provide many benefits to struggling families. These programs aim to help families achieve safe, sanitary, and decent housing. However, each housing assistance program works differently in how it provides aid to families. Some of these programs, such as Section 8 and FHA loans, can be used towards the path of homeownership. FHA loans are federally backed loans that provide qualifying families with lower interest rates and reduce down payment requirements compared to traditional mortgages. Section 8, while most commonly known for rental assistance, can also be used towards the purchase of a home. By learning more about your housing assistance options, you can begin to apply for aid that you may qualify for. To start, find out more about FHA loans and their benefits by reviewing our free guide.