Loan Options
FHA Loans
FHA loans are insured by the Federal Housing Administration and are designed to expand access to homeownership with more flexible qualifying guidelines. We help you compare FHA options alongside other programs.
Who it’s for
- First-time and repeat buyers seeking flexible guidelines
- Borrowers who want lower down-payment options
- Buyers building or rebuilding credit
What to know
- Credit
- More flexible credit guidelines for eligible borrowers.
- Down payment
- Lower down-payment options may be available.
- Mortgage insurance
- FHA mortgage insurance applies.
- Property
- Owner-occupied primary residences.
Potential benefits
- Flexible qualifying guidelines
- Lower down-payment options may be available
- Popular with first-time buyers
Things to weigh
- FHA mortgage insurance applies
- Limited to owner-occupied primary residences
Program availability and qualification depend on your full application, credit, income, and property, and on lender guidelines. This information is general and not an offer or commitment to lend.
Explore other options