Lower Down Payment Option

FHA Loans

This loan is insured by the Federal Housing Administration (FHA). An FHA loan allows for a lower down payment than other mortgage programs.

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Nice new home

Loan Highlights

  • A minimum 3.5% down payment
  • A minimum FICO® Score of 580
  • Fixed and adjustable rate mortgages
  • Loans for 1-4 unit properties and Condos may be available
  • Down payment funds can be a gift from a relative or employer*
  • Home sellers can contribute up to 6% of the closing costs

*Subject to underwriting review and approval

Have Questions? Let’s Chat.

Call us today at (888) 379-0303 for a Free Consultation and to learn if a FHA loan may be right for your situation.

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Loan Requirements

  • The home is your primary residence, which means that it cannot be an investment property or second home
  • You must occupy the property within 60 days of closing
  • Your loan cannot exceed the loan amount limit in your area. The FHA’s limit for lower-cost areas is set at $356,362 in 2021. In high-cost areas, the limit for 2021 is $822,375. Look up the loan limits in your area

Other terms and conditions will apply. Contact a Mortgage Loan Originator for more information.

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We're dedicated to helping borrowers find the right home loan program for their situation. Contact us today for a free quote and consultation.

Call us today: (888) 379-0303

Equal Housing Opportunity