Most Popular
FHA Loans
Low Down Payment. Flexible Qualification.
Minimum Credit Score
580 (3.5% down) | 500–579 (10% down)
Minimum Down Payment
3.5%
Ideal For
First-time homebuyers, moderate credit scores
What is a FHA Loans?
FHA loans are backed by the Federal Housing Administration and are one of the most accessible mortgage options available. With a low down payment and flexible credit requirements, FHA loans are ideal for first-time buyers and those rebuilding credit.
Who It's For
FHA loans are designed for buyers who may not qualify for conventional financing, particularly first-time homebuyers, buyers with moderate credit scores, or those who don't have a large down payment saved up.
Key Benefits
- Down payment as low as 3.5% with 580+ credit score
- More flexible debt-to-income ratio guidelines
- Gift funds allowed for down payment
- Seller can contribute up to 6% of closing costs
- Available for 1–4 unit properties
- Fixed and adjustable rate options available
What You'll Need
- Minimum credit score of 580 (for 3.5% down)
- Steady employment history (typically 2 years)
- Property must be primary residence
- Debt-to-income ratio generally under 43%
- W2s, tax returns, and pay stubs
- FHA mortgage insurance premium (MIP) required
Frequently Asked Questions
Ready to Get Started?
Contact Tathiana today for a free, no-obligation consultation. She'll review your situation and tell you exactly what you qualify for.