A great government-backed loan for first-time homebuyers or those with higher debt-to-income ratios. FHA loans have flexible qualifications and only require a small down payment.

  • Seller Contributions: Up to 6% of sales price (toward closing costs prepaids)
  • Gift funds allowed
  • No first-time homebuyer requirements
  • Purchase and rehab financing available
  • Lower minimum down payment requirements



580 Min FICO
Max loan amount $314,827 (can vary per county)
FHA Mortgage Loan Limits website: https://entp.hud.gov/idapp/html/hicostlook.cfm
Minimum Required Investment (MRI) of at least 3.5 percent of the Adjusted Value.
1.75% UFMIP (Up Front Mortgage Insurance Premium)
.85% MIP (Monthly Insurance Premium)