FHA Loans
Flexible, affordable, and designed to help more people achieve homeownership with lower barriers.
Explore Benefits
Key Benefits of FHA Loans
- Low Down Payment: As little as 3.5% with a credit score of 580+.
- Flexible Credit Requirements: Scores as low as 500 may qualify with 10% down.
- Competitive Interest Rates: Favorable rates due to government backing.
- Higher Debt-to-Income Ratios Allowed: Easier qualification even with existing debt.
- Assumable Loans: Buyers can take over your FHA loan for easier resale.
FHA Loan Requirements
📑 Steady Employment
At least 2 years of consistent income history.
🏠 Primary Residence
Loans are only for homes you plan to live in.
💰 Mortgage Insurance
Requires both upfront and annual MIP premiums.
✅ Property Standards
Home must meet FHA safety and appraisal guidelines.
Who Should Consider an FHA Loan?
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First-Time Homebuyers with limited savings.
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Borrowers with moderate credit who may not qualify for conventional loans.
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Individuals with higher debt needing flexible approval criteria.
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