FHA Loans

The FHA loan is a great product with unique features for those looking to purchase or refinance a home.


Flexible Underwriting

Lower Down Payment

Favorable Terms

The FHA Loan

The FHA loan is insured by the Federal Housing Administration and has flexible lending requirements. It is a great product for those with limited down payment or previous credit challenges. The FHA loan can be done for purchase transactions, rate/term and cash-out refinances. This loan allows for higher debt-to-income ratios than traditional financing allow. The monthly mortgage insurance is required and will remain on the loan for the term of the mortgage.

Loan Limits

Loan limit refers to the maximum amount of money a borrower can receive from a lender for a specific type of loan.


Loan to Value

Loan to value (LTV) is the ratio of the loan amount to the appraised value of the asset being purchased.


Credit Score

The minimum credit score is 580. If your credit score is on the lower end, you may need a larger down payment.

580 OR


Loan terms refer to the specific conditions and details of a loan agreement, including the interest rate, repayment period, and other relevant terms.

FIXED: 15, 30

Mortgage Insurance

Mortgage insurance is a policy that protects lenders against losses caused by a borrower's default on a mortgage loan.


funding fee

Funding fee refers to a one-time fee charged by lenders or the government to borrowers for providing a loan or mortgage, typically used to offset the costs of the loan program.