Purchase loans
FHA
Government-insured financing designed to make homeownership more accessible, with lower possible down payments and flexible credit guidelines.
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FHA at a glance
Low down payment
As little as 3.5% down in qualifying scenarios.
Flexible credit
Designed to accommodate a range of credit histories.
Government insured
Backed by the Federal Housing Administration.
Primary residence
Intended for homes you plan to live in.
What is an FHA loan?
An FHA loan is a mortgage insured by the Federal Housing Administration. That insurance protects the lender, which allows more flexible guidelines than many conventional programs.
The flexibility shows up in two places: a lower possible down payment and more accommodating credit standards. In exchange, FHA loans include upfront and annual mortgage insurance premiums.
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Home purchase
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FHA requirements
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FHA financing
Who FHA financing may be for
Built to make a first home — or a fresh start — more attainable.
01First-time buyers
A common choice for a first home purchase.
02Smaller down payments
Buyers who have less saved upfront.
03Building credit
Borrowers whose credit profile is still growing.
04Owner-occupants
Buyers who will live in the home as their primary residence.
Example scenario
See how it could work
The borrower
A first-time buyer purchasing a $310,000 home.
The structure
3.5% down with an FHA-insured 30-year fixed loan.
Mortgage insurance
Upfront and annual premiums apply.
The result
Homeownership with a smaller upfront investment.
Illustrative example only. Actual financing structure, terms, eligibility, and availability vary.
Frequently asked questions
Ready to explore your options?
Build your scenario and see whether FHA or another mortgage solution may be worth exploring.
Program recommendations are informational until reviewed by an appropriately licensed mortgage professional. All loans are subject to credit and property approval; terms, eligibility, and availability vary.