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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

Saving Money Over The Term Of Your FHA Mortgage

September 22, 2025FHA borrowers, like all homeowners, want to build equity and reduce the total cost of their home loan over the full term of the mortgage. There are several strategies that can help borrowers achieve this goal. One is for the buyer to make a larger-than-required down payment at the time of purchase, reducing the principal balance of the loan. The other is to make extra payments against the loan principal over time.

What to Know About FHA Home Loan Interest Rate Discount Points

September 18, 2025Home loan discount points are a type of prepaid interest you can agree to pay in order to lower the rate on your mortgage. Points are an optional fee that a borrower can pay to a lender at closing. In exchange for this fee, the lender agrees to lower the interest rate for the entire term of the loan.

FHA Loan Mortgage Insurance

September 16, 2025What do new borrowers need to know about the FHA Mortgage Insurance Premium (MIP)? For starters, it’s a mandatory insurance policy for most single-family residential real estate loans backed by the Federal Housing Administration. The purpose of FHA mortgage insurance is to protect the lender, not the borrower, from financial loss if the borrower defaults on the loan.

Do You Need A Co-Borrower?

September 15, 2025Sometimes a borrower can't qualify for a large loan like an FHA mortgage all by themselves. Fortunately, there are options for these applicants. Using a co-borrower on an FHA loan can make it possible to buy a home, but the decision comes with significant financial risks. What is an FHA co-borrower? Anyone who applies for a loan with the primary borrower shares legal ownership of the property and accepts equal responsibility for the mortgage debt.

Do You Need a Mortgage Calculator?

September 10, 2025A home loan calculator is a financial planning tool you can use to estimate homeownership costs as a potential buyer. How much does your loan cost you per month? A home loan calculator estimates the monthly payment, and depending on the calculator, may suggest an upper borrowing limit you can use to set a budget for the house you want to buy.

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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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