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Whether you're a first-time homebuyer or want to refinance your current mortgage, there is a low down payment FHA program that's right for you.

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FHA Loan Requirements for 2026

580 Credit Score -and- 3.5% Down Payment

The FHA loan program lets you purchase a home with a low down payment and flexible guidelines. FHA refinance mortgages are a great option for those who want to lower their monthly mortgage payment or consolidate their bills.

See how we make the American dream a reality. Whether you're a first-time homebuyer moving to a new home, or want to refinance your existing conventional loan to an FHA mortgage, there's an FHA program suited to your needs. With no income limits or credit scoring, many people who can afford the monthly mortgage payments and have reasonable credit will qualify for an FHA mortgage.

FHA Loan Articles

FHA Loan Rules for Second Mortgages

December 10, 2025The FHA loan program was created to make homeownership affordable for borrowers who intend to buy a primary residence. The loan program is not intended for investment property, and the Federal Housing Administration imposes limits on borrowers with more than one FHA mortgage. We examine the rules for obtaining a second FHA loan and the qualifications.

Why You Can't Get a Balloon Payment with an FHA Mortgage

December 9, 2025A balloon payment is a home loan arrangement that requires a single, large lump-sum payment at the end of the loan term. This payment is more than the typical mortgage amount the borrower paid during the loan term. Conventional lenders may offer this option, but FHA regulations strictly prohibit it, and you can't get an FHA mortgage with one.

Frequently Asked Questions About FHA Loan Disclosures

December 8, 2025The FHA loan closing disclosure is a very important document in the FHA loan process, and first-time homebuyers do well to give themselves plenty of time to read and fully understand this document before closing day. Federal regulation says your FHA lender must provide a complete account of all costs and terms associated with the FHA-insured mortgage.

How Does My FHA Lender Calculate My Mortgage Payment?

November 20, 2025Your total monthly FHA mortgage payment consists of four primary components, commonly known as PITI, along with a mandatory insurance charge. Participating FHA lenders combine the loan's fixed repayment cost (Principal and Interest) with the variable escrow costs (Taxes and Insurance) and the FHA's annual Mortgage Insurance Premium (MIP). The required payment ensures you cover all loan obligations and fund escrow accounts for property taxes and insurance.

FHA Loan FICO Score Requirements

November 19, 2025The FICO score plays a central role in your FHA home loan application. It not only contributes to your approval but also determines your minimum required cash investment—the down payment. The FICO score dictates which of the FHA’s two down payment options you qualify for.

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Organize Your Finances

Set money goals and develop a plan to reach them. Decide what's important to spend on, then save the rest and build a nest egg for a down payment on a home.

Learn About the Costs

Get informed about mortgages from several lenders or brokers. Know how much of a down payment you can afford, and find out about the costs involved.

Monitor Your Credit

Your credit report is based on the bill payments you have missed or have been late paying, loans that you have paid off, plus your current amount of debt.

Address Credit Issues

Look at your debt-to-income ratio, maintain satisfactory payments for at least one year, and challenge unfair or erroneous entries on your credit report.

Find the Right Home

As you narrow down your home choices, go beyond the surface appearance and look carefully at each house. Be sure to examine the physical details and construction.

Make an Offer

Your agent will draw up a contract and submit a formal purchase offer to the seller's agent. This will include the purchase price and your terms and conditions.

Don't Skip the Inspection

A thorough home inspection can give you a more complete understanding of the home's condition and possibly reveal problems that you can't see.

Get Ready to Close

Mortgages are complex transactions. Understanding all the forms and disclosures is an important part of responsible home ownership.

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