Loan Program

FHA Loans

Flexible financing for buyers with less-than-perfect credit

What is a FHA Loans?

Federal Housing Administration (FHA) loans are government-backed mortgages designed to help more Americans achieve homeownership. They have more lenient credit requirements and allow lower down payments, making them an excellent option for first-time buyers, those with challenged credit history, or buyers with limited savings.

Key Features

  • 3.5% down payment (580+ credit)
  • 10% down (500–579 credit)
  • Gift funds allowed for down payment
  • Higher DTI ratios accepted
  • Flexible credit guidelines
  • Non-occupant co-borrowers allowed

Requirements

  • Credit score 580+ (for 3.5% down)
  • 2 years employment history
  • Primary residence only
  • Property must meet FHA standards
  • MIP required for life of loan (if <10% down)

At a Glance

Min. Down Payment3.5%
Min. Credit Score580
Loan LimitVaries by county

Best For

  • First-time homebuyers
  • Buyers with 580–620 credit
  • Limited savings for down payment
  • Rebuilding credit history

Ready to Apply?

Get pre-approved in as little as 24 hours. No obligation.

Start Application Call +1 (305) 705-2030
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