Federal Housing Authority

FHA Loans are geared toward hard-working families in low- to moderate-income brackets. Down payments are lower than conventional mortgages. And you can choose from various terms with fixed or adjustable rates.

Key Features of FHA Loans

  • Allows you to purchase a home when you have limited resources
  • Ideal for first-time homebuyers from low- to moderate-income families
  • Purchase a home using a lower down payment


Down Payment3.5% of the final loan amount
Terms10, 15, 20, 25, 30 years, fixed and ARM
Credit Score640* minimum
Mortgage InsuranceYes, one-time, up-front and monthly
Maximum Loan LimitYes, varies by county
* Unless approved by FHA Choice Manual Underwrite Process

Questions? Get started now, and a licensed Loan Officer will reach out to you shortly.