Mortgage Monkey FAQs

What is a FHA loan?

FHA loans are insured by the Federal Government and designed for first-time buyers and others who would not normally qualify for conventional/conforming financing. There is more flexibility with challenged credit and work history. FHA loans are a very important financing option and have helped millions of people buy their first home. While there are no income restrictions, there are maximum loan amounts set for every county in the country.

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© Copyright 2026 Premier Mortgage Resources, LLC (“PMR”) | NMLS # 1169 www.nmlsconsumeraccess.org| Equal Housing Opportunity | PMR is not an affiliated or an agency of the federal government. All information contained herein is for informational purpose only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures, rates, terms, programs, and underwriting policies are subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Some products may not be available in all states and restrictions apply. AZ-BK #0937529; CA – Licensed by the Department of Financial Protection and Innovation, under the California Residential Mortgage Lending Act; NE – PMR does business in Arkansas and Nebraska as PMRLOANS, LLC; NJ - Licensed by the N.J. Department of Banking and Insurance; WA-CL 1169

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