First-time buyer friendly
FHA Loan
Lower credit. Lower down payment. Open door.
FHA loans are insured by the Federal Housing Administration, making homeownership accessible to buyers with lower credit scores and smaller savings.
Why buyers choose this loan
The benefits of FHA Loans
Just 3.5% down
Less to save means you can buy sooner.
Credit scores from 580
And as low as 500 with 10% down.
Generous DTI limits
Higher debt-to-income ratios accepted than most loans.
Gift funds welcome
100% of your down payment can be a gift.
At a glance
What you'll need
Minimum credit score580
Down payment3.5% +
PropertyPrimary residence
Mortgage insuranceRequired
Best for
Is this loan right for you?
First-time buyers, those with limited savings, or anyone working to rebuild credit while still wanting to own a home.
Not sure which loan fits?
Take our 2-minute homebuying plan and we'll match you with the right program.
Questions, answered
FHA Loan FAQs
Ready to see if you qualify?
Start your homebuying plan — 2 minutes, no credit check, no commitment.