Mortgage loans insured by the Federal Housing Administration are called FHA loans. Typically, FHA loans have more flexible requirements and a lower down payment threshold than other options. Less than perfect credit is okay when applying for an FHA loan, top FHA lenders agree! If you new home is a fixer-upper, you may be able to borrow a little extra to make repairs on your new home. Mortgage professionals must be FHA approved, so you can be confident that your lender is legitimate. At Oceanside Mortgage, a New Jersey mortgage company, our experts are approved and ready to help you with an FHA loan!