You can get an FHA-Insured Mortgage Loan with a down payment as low as 3.5 percent of the purchase price.
Yes, down payment funds for an FHA-Insured Mortgage Loan can be gifted by a relative, close friend or other approved donor.
Yes, Bethpage offers FHA-Insured Mortgage Loans for both purchase and refinance.
While FHA-Insured Mortgage Loans are ideal for first-time homebuyers, people who have owned a home in the past can also take advantage of the program.
FHA-Insured Mortgage Loans can only be used to purchase a primary residence. An investment property or a vacation home would not qualify.