Flexible credit and low down payment.
FHA loans make homeownership accessible with lower credit and down-payment requirements, backed by the Federal Housing Administration.
Not sure this is the right fit? We'll compare it against every option — in-house and across 109+ lenders — and tell you straight.
Talk to an expert| Down payment | As low as 3.5% |
|---|---|
| Credit | Generally 580+ for 3.5% down |
| Mortgage insurance | Upfront + monthly MIP required |
| Loan limit | Set by county (FHA limits) |
| Gift funds | Allowed for the down payment |
| Occupancy | Primary residence |
Guidelines shown are general program parameters and can vary by borrower, property, and investor requirements — ask us about your specific scenario. Not a commitment to lend.
Generally 580+ qualifies for 3.5% down. Some buyers between 500–579 may qualify with 10% down. We'll review your full picture.
Yes — an upfront premium plus a monthly premium. On most FHA loans today it stays for the life of the loan; refinancing later (e.g., to conventional) can remove it.
Yes — the full down payment can come from an eligible gift with proper documentation.