Offers low down payment and flexible credit score requirements



  • As little as 3.5% down payment

  • Less than perfect credit can apply

  • Guaranteed by the Federal Housing Authority

  • Seller can pay borrower closing costs

  • Fixed rate and ARM (Adjustable Rate Mortgage) options. Payment may increase after consummation.

Popular among first-time buyers

Federal Housing Administration (FHA) loans are provided by qualified lenders but are backed by the Federal Housing Authority, allowing for more flexible lending standards. FHA loans often give first-time homebuyers the option of making a lower down payment than they would need to make if using a traditional, non-FHA insured mortgage. They are great for buyers with limited cash for a downpayment or closing costs, and they provide flexible loan qualifications.

Ready to take the next step?

Want us to reach out?

Our local loan officers are always happy to provide advice or answer any questions you may have on the homebuying process.