FHA
Low Down Payment
Affordable Path to Homeownership
FHA loans are government-backed mortgages insured by the Federal Housing Administration, designed to help first-time homebuyers and those with limited credit history achieve homeownership with lower barriers to entry.
These loans feature low down payment requirements (as low as 3.5%), flexible credit score requirements (580+ for maximum financing), and competitive interest rates. FHA loans also allow for higher debt-to-income ratios compared to conventional loans.
This option is ideal for first-time homebuyers, those with lower credit scores, or buyers who need a more flexible qualification process. FHA loans provide an accessible path to homeownership with government-backed security.
Key Benefits
- Down payments as low as 3.5%
- Credit scores as low as 580 accepted
- Flexible debt-to-income ratios
- Gift funds allowed for down payment
to begin your FHA loan application.