Why FHA? Buy with as little as 3.5% down.

FHA loans have been helping people become homeowners since 1934. The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a good deal. When buying your first first home especially, FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan or you can ask the seller to pay them for you.
FHA has a loan that allows you to buy a home, fix it up, and include all the costs in one loan. You can borrow up to 110% of the appraised value of the home. Typically the interest rate will be a tad higher on that loan. Or, if you own a home that you want to re-model or repair, you can refinance what you owe and add the cost of repairs - all in one loan.
With everything now going green if you want to make your home more energy efficient you can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.
FHA has financing for mobile homes and factory-built housing. They have two loan products - one for those who own the land that the home is on and another for mobile homes that are - or will be - located in mobile home parks.
FHA loans open up the possibilities for people who don't have a lot of money for a down payment or may not have stellar credit. Home ownership is a wonderful thing and there is many options to achieve it!