FHA Loans
FHA Loans
Government-backed financing with low down payments and flexible credit requirements.
What It Is
FHA loans are insured by the Federal Housing Administration, allowing lenders to offer more flexible qualification standards. They're especially popular with first-time homebuyers and those with less-than-perfect credit.
Who Qualifies
Borrowers with a credit score as low as 580 can qualify with 3.5% down. Those with scores between 500–579 may qualify with 10% down. FHA loans are available for primary residences only.
Basic Requirements
—Minimum 580 credit score for 3.5% down
—Stable 2-year employment history
—Primary residence only
—Upfront and annual mortgage insurance premiums required
—Property must meet FHA minimum standards
Key Benefits
Down payment as low as 3.5%
Credit scores as low as 580 accepted
More flexible debt-to-income ratios
Gift funds allowed for down payment
Competitive interest rates
Available for 1–4 unit primary residences
Ready to Get Started?
Talk to a loan officer today. We'll review your situation and find the best program for you — no obligation.