FHA Loans in Granite Bay and Surrounding Areas

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FHA Loans

FHA loans offer a low down payment and flexible credit requirements, making them ideal for first-time homebuyers in areas like Granite Bay, Sacramento, and Folsom. If you’re ready to buy but think you don’t “qualify,” an FHA loan might open the door.

Is an FHA Loan Right for You?

You might consider an FHA loan if:


  • You’re buying your first home
  • Your credit score is fair or needs improvement
  • You’re looking for a low 3.5% down payment option


How It Works

  • Backed by the Federal Housing Administration
  • Allows lower credit scores (as low as 580)
  • Requires mortgage insurance
  • Can be used for single-family homes, condos, and multi-units (with restrictions)

What You'll Need

  • Stable income and job history
  • Minimum 3.5% down payment
  • FHA-approved property
  • Acceptable debt-to-income ratio

Why Work With Petersen Loans?

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32 Years in Mortgages

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Transparent & Disciplined

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A Trusted Local Lender

Call to Learn More

Buying your first home shouldn’t be overwhelming. Call (916) 521-4235 and let’s simplify it.