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FHA Loans

Government-insured home loans with a low 3.5% down payment and flexible credit guidelines.

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What is an FHA loan?

FHA loans are insured by the Federal Housing Administration, which lets lenders offer low down payments and more flexible credit requirements. They're a popular choice for first-time buyers and borrowers rebuilding credit.

FHA loans are for primary residences, including 1-4 unit properties where you live in one unit.

Key benefits

3.5% down payment

Low down payment for qualified borrowers.

Flexible credit

More forgiving credit guidelines than many loan types.

Gift funds allowed

Down payment can come from eligible gifts.

1-4 unit properties

Buy a duplex, triplex or fourplex and live in one unit.

Basic requirements

  • 3.5% down with a 580+ credit score
  • Primary residence only
  • Documented income and employment
  • Upfront and annual mortgage insurance
  • Property must meet FHA standards

FHA loan limits vary by county. Get pre-approved for exact terms.

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Who it's for

  • First-time home buyers
  • Borrowers with lower credit scores
  • Buyers with a smaller down payment
  • House hackers buying a 2-4 unit home

Where it's available

Available in California, Colorado, Florida, Illinois, North Carolina, South Carolina, Tennessee, Texas, Oregon, Pennsylvania, Washington.

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Run the numbers

Use our free calculator to estimate your payment before you apply.

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How it works

  1. 1

    Get pre-approved

    Answer a few questions online. Soft credit pull, results in minutes.

  2. 2

    Upload documents

    Securely upload what we ask for in your portal, available 24/7.

  3. 3

    Close fast

    Our AI-native underwriting moves your file forward. Close in as fast as 14 days.

FHA Loans FAQ

FHA guidelines allow 3.5% down with a 580 credit score. Lower scores may require more down.
Yes. FHA loans have an upfront mortgage insurance premium and an annual premium paid monthly.
No. FHA loans are for primary residences. You can buy a 2-4 unit property and rent the other units while you live in one. For pure investment properties, see DSCR loans.
California, Colorado, Florida, Illinois, North Carolina, South Carolina, Tennessee, Texas, Oregon, Pennsylvania and Washington.

Related loan programs

Conventional Loans

Fannie Mae and Freddie Mac financing for documented-income borrowers, with as little as 3% down.

Personal Bank Statement Loans

For 1099 and gig earners: qualify on 12-24 months of personal account deposits, no tax returns.

Business Bank Statement Loans

For business owners: qualify on 12-24 months of business account deposits, no tax returns.

See what you qualify for

Pre-approval in minutes with no impact on your credit score.

Get Pre-ApprovedOr call 888-448-3111