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
August 28, 2025If you are buying your first home, you may wonder about the benefits of a shorter loan term. Does paying off an FHA loan in 15 years give you an advantage, financially? Much depends on your needs and goals. a 15-year FHA loan means higher monthly payments, and a 30-year FHA loan means lower payments but a more expensive loan compared to the 15-year option. Before deciding on one option or the other, it pays to know the details of both.
August 27, 2025A mortgage prepayment penalty is a fee that some lenders charge when a borrower pays off their loan, or a substantial portion of it, ahead of schedule. Lenders use this fee to recover the future interest payments they would have received if the loan were not paid off early.
August 26, 2025Getting to closing day for your FHA home loan is a big deal. You've saved, you've house hunted, and you've found the property you want to own. Before you can accept the keys and move in, there's a process leading up to closing day you must participate in, starting with the review of your closing documents, closing costs, and a final walk-through of the home.
August 25, 2025What determines the final price of a house? Many house hunters ask, but if you are new to the process, you need to understand some of the factors that apply when it comes to assigning a value to a home based on the variables that can affect that value. What helps the seller set the asking price on their home?
August 22, 2025When a natural disaster strikes, homeowners with FHA mortgages have access to immediate assistance, which often comes from the Federal Emergency Management Agency, also known as FEMA. However, for FHA homeowners, the path to a full recovery involves a wider range of federal support. How many non-FEMA disaster recovery resources do you know? The amount of help available may surprise you.
