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FHA Loans
Government-backed loans designed to make homeownership accessible with flexible credit requirements and low down payments.
Why Choose an FHA Loan?
FHA loans are insured by the Federal Housing Administration and are ideal for first-time homebuyers or those with less-than-perfect credit. They offer some of the most lenient qualifying requirements of any mortgage program, making homeownership a reality for millions of Americans who might not qualify for conventional financing.
Key Benefits
- Down payments as low as 3.5%
- Credit scores as low as 580 accepted
- More flexible debt-to-income ratio requirements
- Seller can contribute up to 6% toward closing costs
- Gift funds allowed for down payment
- Available for primary residences
- Streamline refinance option available for existing FHA borrowers
Requirements
Credit Score
580+ (500 with 10% down)
Down Payment
As low as 3.5%
Debt-to-Income
Up to 50%
Mortgage Insurance
Required (MIP)
Ready To Get Started?
Take the first step toward your dream home. Get pre-approved today and find out what you qualify for.