Loan option
FHA Home Loan
Lower down payments and flexible credit — a favorite for first-time buyers.
FHA loans are insured by the Federal Housing Administration, which lets lenders offer down payments as low as 3.5% and more forgiving credit guidelines than many conventional programs.
That combination makes FHA a go-to for first-time buyers, buyers rebuilding credit, and anyone whose savings are still growing. Gift funds from family can even cover the down payment.
FHA loans do carry mortgage insurance, which we'll walk through clearly so you understand the full picture before you commit.
Who it's for
Is the FHA Home Loan right for you?
- You're buying your first home
- Your credit is still building
- You have a limited down payment
- You're using gift funds from family
Good to know
Common questions
What credit score do I need?
FHA is flexible and can work for lower scores than many conventional loans. The exact number depends on your full picture — let's review it together, no impact to your score to start.
What is mortgage insurance (MIP)?
FHA charges an upfront and an annual mortgage-insurance premium that protect the lender. It's part of what makes the low down payment possible.
Can I get rid of the mortgage insurance later?
Often you can refinance into a conventional loan once you've built enough equity — we'll keep an eye on it for you.
Ready to explore the FHA Home Loan?
Apply in minutes or get a no-obligation quote — and a licensed loan officer will tailor it to you.