FHA Loans

A great place to start.

FHA Home Loans

Even with today's increasing home prices, lower income and first time home buyers can still afford to buy homes with the help of the Federal Housing Administration (FHA). These loans are government-backed, intended to minimize barriers to homeownership. With an FHA loan, lower income and first time home buyers have more flexibility than many other types of home loans.

About FHA Loans

Is This Loan for You?

Worried about income or credit score?
You may still have options and opportunities. 

The FHA loan is often ideal for first-time home buyers and buyers with lower income and/or credit scores. The down payment for an FHA loan is just 3.5%, provided that you have a credit score of at least 580. 

If your credit score falls between 500 and 579, you can still get an FHA loan with a 10% down payment. 


With a low down payment, the cost of homeownership should be much more affordable. 

  • FUTURE HOMEOWNER: With the FHA government backed loan, the American dream of owning a home may be achievable for those with income and credit limitations. 
  • LOW DOWN PAYMENT: You can obtain a FHA loan for as little as 3.5% down payment with a credit score of 580 or higher. However, borrowers with credit scores between 500 and 579 can qualify with a 10% down payment. 
  • LOWER CREDIT SCORES WELCOMED: When it comes to your credit score, there are many factors that affect it. It’s entirely possible to get an FHA loan with a low credit score or poor credit history.
  • FLEXIBLE QUALIFICATIONS: Requirements for an FHA loan are more relaxed compared to other loans. Get a chance to start over after a financial setback, and still qualify for financing.
Loan Eligiblity

With lower down payment and flexible programs, your finances may stretch further. 

  • Credit score of 500 or higher
  • Down payment which can be as little as 3.5%: in some cases with lower credit scores, the down payment will be 10%. 
  • A moderate debt-to-income ratio: The FHA allows you to use 31% of your income towards housing costs and 43% towards housing expenses and other long-term debt.
  • Mortgage insurance: 1.75% upfront premium; 0.45% to 1.05% fee annually.
  • Primary Residence: The home you are purchasing must be your primary residence, not used for an investment home or secondary home (for a child, parent, friend, etc.).

FHA Home Loan FAQs

Helping You Buy on Your Own Terms

You owe it to your self to explore our hassle-free mortgage options at low and affordable rates.