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FHA Mortgage

Federal Housing Administration (FHA) Loan

An FHA Loan is a mortgage that’s insured by the Federal Housing Administration (FHA). FHA loans provide an attractive loan option for many borrowers.

While typically associated with first-time home buyers, FHA Loans are ideal for anyone looking to buy, refinance, or improve a home because they offer a low down payment option and more flexible credit and income requirements. First-time homebuyers, borrowers with limited funds for a down payment, applicants with challenged credit scores, or those who want to roll rehabilitation costs into the mortgage, are all great applicants for an FHA loan.

Advantages of FHA loans include:

  • Low down payment requirements, as little as 3.5%
  • Lower, more lenient credit score thresholds
  • No income limits or requirements (maximum loan amount determined by HUD)
  • Up to 100% of your down payment can be a gift from a family member or friend
  • Eligibility for seller assistance with up to 6% of purchase price toward closing costs
  • Fixed rate loan with set interest rate for the life of the loan
  • Fixed monthly principal and interest payments
  • Streamlined refinance options available

Meet Our Residential Mortgage Expert 

Hyla Burleson – “Helping people, making them happy, really is the best part of my job.”

Hyla. Mortgage Loan Officer photo

Hyla Burleson
Mortgage Loan Officer
(813) 462-2727
NMLS# 2177902


Hyla is a seasoned mortgage expert, well-versed in all areas of real estate financing. With 30-years of experience in the mortgage industry, her background includes mortgage lending, commercial lending, and private investor financing.

As a Mortgage Loan Officer at Eastern Savings Bank, Hyla specializes in helping customers with FHA and conventional lending solutions, bringing a breadth of experience that she can draw on to make your home loan financing a pleasurable and successful experience.

Hyla takes great pride in the service she delivers and helping make the details and complexities of mortgage financing as simple as possible for her clients. She enjoys helping people with their refinance and home purchases and making the experience a happy one to remember on these big occasions.

Connect with Hyla to learn more and discuss your mortgage financing needs.


A Smart Mortgage Option

Let our mortgage experts guide you in how to apply for an FHA loan that meets your budget. Contact us to discuss your options. Submit your inquiry using the form below, email us, or give us a call.

FHALending@easternsavingsbank.com  |  833.485.7067


    Things To Know About FHA Loans

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    There is a lot to know before buying a home or getting a mortgage. Financing with an FHA loan has some unique attributes to be aware of, but we’re here to assist you with the process.

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    Mortgage Calculators

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    It’s vital to know how much of a mortgage you can afford. We make it easy to assess your personal finance situation with our simple mortgage calculators.

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    All loans are subject to application and credit approval. All programs are subject to change and individual loans are subject to approval by Eastern Savings Bank, fsb. Offer of credit is subject to credit approval. NMLS ID: 416453