FHA LOANS

Your Low Down Payment Launchpad

The FHA loan is the classic doorway to ownership for buyers who need a bit more flexibility. Backed by the Federal Housing Administration, it lets you step in with as little as three-and-a-half percent down and features flexible credit scores guidelines. Gift money from family? Accepted. Seller credits to cover closing costs? Up to six percent is perfectly fine.

Because the loan is government-insured, lenders can stretch debt-to-income ratios into the mid-fifties when strong compensating factors—steady job history, healthy reserves—are in play. Past credit hiccups carry shorter waiting periods, so life’s curveballs don’t shut the door on a mortgage.

How it works
You’ll pay an upfront mortgage-insurance premium that can be rolled into the loan, plus a modest annual premium baked into the monthly payment. In return, you lock in competitive fixed rates and gain perks no conventional program offers: the loan is assumable by a future buyer, and a streamlined refi later can lower your payment with minimal paperwork.

FHA financing covers single-family homes, approved condos, and even two- to four-unit properties if you live in one unit yourself. Loan limits adjust by county, so we’ll confirm exactly how much buying power you have in your market.

Approvals typically arrive within a day or two, and closings move quickly once your file is complete. If you want an approachable path to a new set of keys—with room in the guidelines for real-life credit and savings—an FHA loan is built for you.

Let’s map out your FHA options and get you home!