Owning a home. It’s a dream shared by many people. But for those who have lower income, especially if they have less than perfect credit, that dream may seem out of reach. Impossible. Fortunately, this is not true. An FHA loan can be the answer to turn the dream into a possibility. An FHA loan is a viable option for people who don’t make lots of money and/or who may have had some credit issues. This loan is designed to help those who may not have the opportunities others have when it comes to financial stability and success. People who seek an FHA loan may not have enough money for the standard down payment that most loans require. However, with an FHA loan, a buyer is able to put down just 3.5 percent of the cost of the home instead. The lower down payment isn’t the only advantage. FHA loans are also easier to get because they aren’t as strict when it comes to the qualifications. As long as the person has enough money for the down payment and to pay the monthly mortgage pa...