5355 Kietzke Lane Suite 200,

Reno, NV 89511

Affordable homeownership starts here with FHA loans from Mann Mortgage!

America's most used Affordable Housing program gives you great rates with minimal down payment and flexible credit options.

What are FHA home loans?

Are you a resident of Cold Springs, Verdi, or McCarran seeking financial assistance for your housing dreams? Our Reno Office is here to provide you with valuable insights into FHA loans – a pathway to homeownership that can pave the way for your real estate aspirations. Whether you’re a first-time homebuyer or looking to refinance, FHA loans offer distinct advantages worth considering. In this guide, we’ll break down the FHA loan process, its benefits, and limitations to help you make an informed decision about your home financing journey.
Mother walking with her young child outside.

Not sure where to get started? That's okay too, we're happy to meet you where you're at and direct you to the right place or person.

FHA loans
at a glance.

  • FHA loans are known for their lower down payment requirements, allowing you to secure a home loan with as little as 3.5% down, making homeownership more attainable.
  • Our Reno Office understands that credit history isn’t one-size-fits-all. FHA loans often have more lenient credit score requirements, offering opportunities to those with lower credit scores.
  • FHA loans are backed by the government, which can result in favorable interest rates, potentially saving you money over the life of your loan.
  • If you already have an FHA loan, the Streamline Refinance option can simplify the process, helping you secure a lower interest rate with reduced paperwork.
  • FHA loans are assumable, meaning that if you decide to sell your home, a qualified buyer can take over your existing FHA loan terms, potentially increasing your home’s marketability.

Understanding the FHA Loan Process in the Reno Office:

Begin by getting pre-approved for an FHA loan. This step helps you understand your budget and shows sellers that you’re a serious buyer.

With your pre-approval in hand, work with a real estate agent to find a home that fits your budget and preferences.

Submit a formal loan application. The Reno Office will evaluate your financial information and determine your eligibility for an FHA loan.

An appraisal is conducted to assess the home’s value and ensure it meets FHA standards.

Once approved, you’ll review and sign the loan documents. The FHA loan will cover the purchase or refinance of your chosen property.

Applying for a home has

never been easier

Our quick and secure process takes less than 10 minutes to apply.

Learn more about

FHA loans

No, FHA loans are intended for owner-occupied properties, not investment purposes.
While FHA loans are more forgiving of lower credit scores, a score of around 580 is generally considered the minimum.
Yes, you can use an FHA 203(k) loan to finance both the purchase and renovation of a fixer-upper property.
No, FHA loans are available to both first-time and repeat homebuyers.
If you put down at least 10%, you can request the removal of mortgage insurance after 11 years. For down payments less than 10%, mortgage insurance typically remains for the life of the loan.

In conclusion, FHA loans offered by our Reno Office can be a stepping stone to your homeownership dreams. Understanding the process, benefits, and limitations can help you make the right financial decision for your specific circumstances. Whether you’re a potential homebuyer or looking to refinance, exploring FHA loans could be your path to comfortable living in Cold Springs, Verdi, McCarran, or beyond.

“Our loan officer was very helpful and kept us in the loop with updates on everything. As a first-time buyer it was an amazing experience to have a team of people that were truly trying to help me and my family get a home.”

Kassandra H.

Let's get you home.

Flexible requirements, low credit score qualifying, & as little as 3% down. Our local loan experts will help guide you.

If you have a loan officer you are working with, please select them from the list below.