FHA Loans

Down Payment Assistance Program

FHA loans provide low down payments and flexible requirements, making them an excellent choice for first-time buyers entering the housing market with confidence and affordability.

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FHA Advantages

Low Down Payment

Start with as little as 3.5% down, making it easier to finance even larger renovation projects.

Comprehensive Coverage

From structural additions to value-boosting improvements, manage everything with one contractor.

Flexible Financing

No cap on repairs, with a minimum of $5,000, giving you the freedom to enhance your home as needed.

Find the Right FHA Loan For You

We offer a broad range of lending options to fit your needs.

FHA Limited 203(k)

Finance projects up to $75,000 that add value, with no minimum required

FHA Standard 203(k)

No max repair, $5K min—covers most value-boosting renovations

FHA Full 203(k)

Handle structural and value-boosting upgrades with one contractor

FHA 203(h)

Offers 100% financing to help survivors rebuild in disaster areas

House2Home

3.5% FHA down payment assistance for affordable homeownership

FHA Limited 203(k)

Finance projects up to $35,000 that add value, with no minimum required

Qualifications

The home loan that unlocks opportunities

Qualifications

The home loan that unlocks opportunities
  • Must be primary residence
  • AUS determines DTI requirements
  • Purchases, refinances, streamline, and cash-out refinances
  • Single Family Homes (1-4 units), Condominiums, Manufactured Homes, or Townhouses

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Connect with a Loan Expert

Our Loan Experts are available to answer all your questions.

FHA Loan FAQs

An FHA loan is a government-backed mortgage designed to make homeownership more accessible, especially for first-time homebuyers or individuals with lower credit scores. It offers more flexible qualification criteria compared to conventional loans.

FHA loans require a minimum down payment of just 3.5%, making it easier for buyers to purchase a home with less upfront cash compared to conventional loans. (also making it easier to finance even larger renovation projects)

Yes! FHA loans allow 100% of the down payment and closing costs to be covered by gifted contributions from eligible sources, such as family members, employers, or approved assistance programs.

FHA loans require both an upfront mortgage insurance premium (UFMIP) and an annual mortgage insurance premium (MIP), which is added to your monthly payment. However, borrowers can refinance into a conventional loan later to remove mortgage insurance once they build equity.

Yes, FHA loans have loan limits that vary by location and are adjusted annually. These limits are set by the Federal Housing Administration and depend on factors such as the local housing market.