FHA Home Loan in Richmond Hill, GA: Simple Guide

Quick answer: An FHA Loan can help you buy a home in Richmond Hill with as little as 3.5% down, flexible credit guidelines, and stable fixed payments. The JD.Mortgage team at PRMG reviews your goals, confirms eligibility, and gives you clear payment and cash-to-close numbers before you write an offer.

Why FHA Works for Many Buyers

• Low down payment: As little as 3.5% with qualifying credit.
• Easier credit: Helpful if your score is limited or you’re rebuilding.
• Gift funds allowed: Family gifts can help with down payment and closing costs.
• Predictable payment: Fixed-rate options for steady budgeting.

Basic FHA Eligibility

• Primary residence in Georgia (1–4 units, you live in one unit)
• Debt-to-income fits program rules
• Property passes FHA appraisal and safety standards

What We Do Up Front

• Map your price range, monthly comfort, and cash-to-close
• Compare rate options, lender credits vs. discount points
• Plan for any credit items so your file sails through underwriting

Helpful Links

FHA loan basics •
Estimate your payment •
Explore loan options •
Contact the JD.Mortgage team

FAQs

What is the minimum down payment for an FHA Loan?

Typically 3.5% with qualifying credit. We’ll show exact cash-to-close, including any credits or gift funds.

Can I use gift funds in Richmond Hill?

Yes. FHA allows eligible gift funds for down payment and/or closing costs with proper documentation.

Will FHA work if my credit isn’t perfect?

Often yes. FHA is known for flexible credit review. We’ll outline steps if items need attention.

Can FHA be used on a duplex or 4-plex?

Yes, up to 4 units if you live in one unit as your primary residence, subject to program rules.

How fast can I close?

We fully structure the file at the start to reduce delays. Timing depends on appraisal, title, and your document turn times.

What This Means for You

An FHA Loan can bridge the gap between “almost” and “approved.” The JD.Mortgage team at Paramount Residential Mortgage Group, Inc. (PRMG) will confirm eligibility, line up a clean approval, and give you straightforward numbers so you can move quickly on a Richmond Hill home.

Contact the JD.Mortgage team

Back to Top