FHA Loan
Low down payment options for qualified buyers.
*Rates shown are illustrative and subject to change.
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FHA Loans: Requirements, Benefits, and How to Get Started
Government-backed mortgage designed to help more people qualify for homeownership.
An FHA loan can make homeownership more accessible with flexible credit requirements and a low down payment. We'll help you understand your options and what to do next.
- As little as 3.5% down for eligible borrowers
- Flexible with credit scores and income requirements
- Buy a home or refinance an existing loan
What would you like to do?
Buy a Home with an FHA Loan
A great option for first-time buyers or those looking for flexible qualification requirements.
Explore FHA Purchase LoansRefinance Your Current Loan
Replace your current mortgage to adjust your rate, term, or access equity.
Compare FHA Refinance OptionsLower Your Payment (FHA Streamline)
Already have an FHA loan? A streamline refinance may help reduce your monthly payment with less documentation.
See FHA Streamline OptionsFHA Loan Requirements
We'll keep this simple so you know what to expect:
- Minimum credit score (often 580+ for 3.5% down)
- Minimum down payment (typically 3.5%)
- Steady income and employment history
- Home must meet FHA property standards
What Does an FHA Loan Cost?
FHA loans are designed to be accessible, but they do include mortgage insurance:
- Upfront Mortgage Insurance Premium (UFMIP) — typically 1.75% of the loan amount
- Annual Mortgage Insurance Premium (MIP) — varies based on loan details
- Standard closing costs (some may be negotiable)
Benefits of FHA Loan
How to Apply
Answer a few questions
Tell us about your loan needs, property, and timeline.
Get matched
We connect you with a lender experienced in FHA loans.
Close your loan
Work directly with your lender to finalize your mortgage.
Explore FHA Loan Topics
Frequently Asked Questions
An FHA loan is a mortgage insured by the Federal Housing Administration that helps borrowers qualify with lower down payments and more flexible credit requirements.
Most borrowers with steady income, acceptable credit (typically 580+), and a qualifying debt-to-income ratio may be eligible.
Many borrowers qualify with as little as 3.5% down, depending on credit score. Borrowers with scores between 500–579 may need 10% down.
Yes. FHA loans include both an upfront mortgage insurance premium (UFMIP) and an annual mortgage insurance premium (MIP).
Yes. FHA loans are available to both first-time and repeat homebuyers. There's no requirement to be a first-time buyer.
Ready to get started?
Apply in under 2 minutes and get connected with a fha loan specialist.
Start Your Application