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FHA Home Loans
Key Features of FHA Loans
Low down payment requirements
, often as low as
3.5%
for qualified borrowers.
More flexible credit guidelines than many conventional loans.
Available for
single-family homes, condos, manufactured homes, and certain multi-unit properties
.
Fixed-rate and adjustable-rate mortgage (ARM) options are available.
Qualification Requirements
To qualify for an FHA loan, borrowers generally need:
A minimum credit score of
580
to qualify for the 3.5% down payment option (some lenders may have higher requirements).
Steady income and employment history.
A manageable debt-to-income (DTI) ratio.
The property must meet FHA appraisal and safety standards.
Benefits of FHA Loans
Lower down payment requirements compared to many conventional loans.
Easier qualification for borrowers with lower credit scores.
Allows the use of gift funds for down payment and closing costs.
Can be a good option for first-time homebuyers and those rebuilding credit.
Important Considerations
FHA loans require
mortgage insurance premiums (MIP)
, which include an upfront premium and ongoing monthly premiums.
Loan limits vary by county and housing market.
The home must be the borrower's primary residence.
Get a Quick Quote
First Name
*
Last Name
*
Email
*
Home Phone
*
Loan Amount
*
- Select an option -
Less than $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $175,000
$175,000 - $200,000
$200,000 - $225,000
$225,000 - $250,000
$250,000 - $275,000
$275,000 - $300,000
$300,000 - $325,000
$325,000 - $350,000
$350,000 - $375,000
$375,000 - $400,000
$400,000 - $425,000
$425,000 - $450,000
$450,000 - $475,000
$475,000 - $500,000
$500,000 - $525,000
$525,000 - $550,000
$550,000 - $575,000
$575,000 - $600,000
$600,000 - $625,000
$625,000 - $650,000
$650,000 - $675,000
$675,000 - $700,000
$700,000 - $725,000
$725,000 - $750,000
$750,000 - $775,000
$775,000 - $800,000
$800,000 - $825,000
$825,000 - $850,000
$850,000 - $875,000
$875,000 - $900,000
$900,000 - $925,000
$925,000 - $950,000
$950,000 - $975,000
$975,000 - $1,000,000
$1,000,000 - $1,100,000
$1,100,000 - $1,200,000
$1,200,000 - $1,300,000
$1,300,000 - $1,400,000
$1,400,000 - $1,500,000
$1,500,000 - $1,600,000
$1,600,000 - $1,700,000
$1,700,000 - $1,800,000
$1,800,000 - $1,900,000
$1,900,000 - $2,000,000
$2,000,000+
Property Value
*
- Select an option -
Less than $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $175,000
$175,000 - $200,000
$200,000 - $225,000
$225,000 - $250,000
$250,000 - $275,000
$275,000 - $300,000
$300,000 - $325,000
$325,000 - $350,000
$350,000 - $375,000
$375,000 - $400,000
$400,000 - $425,000
$425,000 - $450,000
$450,000 - $475,000
$475,000 - $500,000
$500,000 - $525,000
$525,000 - $550,000
$550,000 - $575,000
$575,000 - $600,000
$600,000 - $625,000
$625,000 - $650,000
$650,000 - $675,000
$675,000 - $700,000
$700,000 - $725,000
$725,000 - $750,000
$750,000 - $775,000
$775,000 - $800,000
$800,000 - $825,000
$825,000 - $850,000
$850,000 - $875,000
$875,000 - $900,000
$900,000 - $925,000
$925,000 - $950,000
$950,000 - $975,000
$975,000 - $1,000,000
$1,000,000 - $1,100,000
$1,100,000 - $1,200,000
$1,200,000 - $1,300,000
$1,300,000 - $1,400,000
$1,400,000 - $1,500,000
$1,500,000 - $1,600,000
$1,600,000 - $1,700,000
$1,700,000 - $1,800,000
$1,800,000 - $1,900,000
$1,900,000 - $2,000,000
$2,000,000+
Loan Type
*
- Select an option -
Purchase
Refinance
Debt Consolidation
Home Equity
Credit Score
*
- Select an option -
Excellent
Good
Fair
Poor
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