Loan Programs
FHA
FHA loans are insured by the Federal Housing Administration and designed to make homeownership accessible, with lower credit and down-payment requirements than many conventional loans.
Key benefits
- Down payments as low as 3.5%
- More forgiving credit requirements
- Gift funds allowed for the down payment
- Competitive rates regardless of credit tier
What you'll need
- Minimum 3.5% down with a 580+ score (10% down for 500–579)
- Upfront and annual mortgage insurance premium (MIP)
- The home must be your primary residence
Best for
First-time buyers and those rebuilding credit who need a lower down payment and flexible qualifying.
This is an estimate for educational purposes only, not a commitment to lend or an offer of credit. Actual rates, payments, and costs depend on your credit, income, property, and loan program.