FHA loans are ideal if you’re buying your first home and want easier credit and income requirements.
Borrowers with less-than-perfect credit can often qualify more easily compared to other loan types.
Buyers may qualify with as little as 3.5% down, helping you purchase a home sooner.
FHA loans accept broader credit ranges, making them accessible for many buyers.
Most buyers need a credit score of 580+, stable income, and a manageable debt-to-income ratio.
The home must meet basic safety and condition requirements and be used as a primary residence.
Typically 3.5% with a credit score of 580 or higher.
No—any borrower who meets the guidelines can use an FHA loan.
Yes, FHA Streamline Refinances make it easy to lower your rate with less paperwork.
