FHA Home Loans
Government-backed financing with flexible credit requirements and just 3.5% down. The most accessible path to homeownership for first-time buyers and those rebuilding credit.
FHA Home Loans
FHA loans are insured by the Federal Housing Administration and designed to make homeownership accessible to more Americans — particularly first-time buyers and those without a large down payment saved. Because the government backs the loan, lenders can accept lower credit scores and down payments than conventional programs allow. Our team uses FHA strategically to get clients into homes when other programs fall short.
Key Requirements
Benefits
- ✓Low down payment — Just 3.5% down with a 580+ credit score — less than many car purchases.
- ✓Flexible credit requirements — Accessible for borrowers with scores as low as 580, and sometimes lower with strong compensating factors.
- ✓Gift funds allowed — Your entire down payment can come from a gift from a family member — no personal contribution required.
- ✓Competitive interest rates — FHA rates are often very competitive, sometimes lower than conventional for the same credit profile.
- ✓Streamline refinance available — FHA borrowers can later refinance easily via the FHA Streamline program with minimal documentation.
Who Is FHA Right For?
FHA loans shine for buyers who have limited savings (needing only 3.5% down), are rebuilding their credit history, or carry higher debt relative to income. If you're a first-time buyer or have had credit challenges in the past, FHA is often the most accessible starting point. Our team will compare FHA vs. conventional side-by-side with your real numbers.
Understanding Mortgage Insurance Premium (MIP)
FHA loans require two forms of mortgage insurance: an upfront MIP of 1.75% (typically rolled into the loan) and an annual MIP paid monthly. For loans with less than 10% down, MIP lasts for the life of the loan. This is the primary trade-off vs. conventional, where PMI cancels at 20% equity. Our team will help you model exactly when refinancing out of FHA might make sense.
Frequently Asked Questions
Yes, with a waiting period. Generally: 2 years after bankruptcy discharge, 3 years after foreclosure. Extenuating circumstances may shorten these periods. Call our team to discuss your specific timeline.
No. FHA loans are available to any eligible borrower purchasing a primary residence — even if you've owned before. The 'first-time buyer' association is common but not a requirement.
For loans with 10%+ down, MIP cancels after 11 years. For loans with less than 10% down, MIP lasts for the life of the loan. Many borrowers refinance to conventional once they reach 20% equity to eliminate MIP.
Yes. FHA allows 100% of your down payment to come from a gift from a family member, employer, or charitable organization. The gift must be properly documented with a gift letter. Our team will guide you through the documentation process.
From application to closing
Apply Online
Complete our secure 5-minute digital application at no cost or obligation.
Team Review
Our team analyzes your situation and recommends the ideal program, term, and rate strategy.
Pre-Approval
Receive a credible pre-approval letter — often within 24 hours — that makes your offer stand out.
Close & Move In
We guide you to the closing table in 21–30 days with zero surprises. Then celebrate.
Your first home is closer than you think.
Apply for FHA pre-approval today. Our team will compare every available program to make sure you get the best path to homeownership — not just the easiest close for us.