The Affordable Loan for Lower-Credit Homebuyers

FHA Loan

Why choose an FHA Loan?

  • Great for First-time homebuyers
  • Primary Home Only
  • Credit score as low as 580¹
  • Minimum down payment of 3.5%
  • Debt-to-Income (DTI) ≤ 43%
  • Closing Costs Rolled Into the Loan²

¹FHA loan eligibility may include borrowers with credit scores as low as 580 FICO with a 3.5% minimum down payment, or borrowers with credit scores between 500 and 579 FICO with a minimum 10% down payment, subject to program guidelines.

²Most FHA loans permit eligible closing costs to be financed into the loan amount, subject to program guidelines, which may reduce out-of-pocket expenses at closing.