FHA Loans

A low down-payment mortgage loan backed by the U.S. Government
young couple in their new home holding keys

Looking for a mortgage with a low-down payment option?

An FHA loan may be right for you!

What is an FHA Loan?

FHA mortgages are partially guaranteed by the Federal Housing Administration (FHA), which makes it less risky for banks to offer more flexible credit requirements and lower down payments to homebuyers. FHA loans are available to first-time and repeat homebuyers as long as the property will be used as your primary residence.

How Does an FHA Loan Work?

This is how you can get an FHA loan:
  • You can apply for an FHA loan through an approved partner lender like West Shore Bank.
  • The home must be appraised by an FHA-approved appraiser and mortgage insurance is required for the life of the loan. 
  • FHA loan down payments can be as low as 3.5%.

Apply for an FHA Loan from West Shore Bank!

West Shore Bank's mortgage lenders are based in your Northern Michigan and West Michigan communities along the lakeshore. All decision-making and loan processing is done locally. With attentive, friendly service from start to finish, West Shore Bank can help you find the home loan solution that is right for you. Apply for an FHA Loan online or visit one of our nine locations in Ludington, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.

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Get more control over your accounts, budget and financial goals. 

Pay your loans easier with a West Shore Bank checking account.