Learn more about FHA Loans
FHA Loans are an affordable favorite for first-time buyers
FHA Loans are government-backed and specifically designed to help homebuyers with limited funds or want to use a low down payment option. They’re popular among first-time buyers since they require as little as 3.5% down.

A few key benefits of FHA Loans:
- Low down payment – You don’t have to put 20% down. If you qualify for an FHA Loan, your down payment may be as low as 3.5%.
- Flexible credit requirements – Credit doesn’t have to be a barrier to your dream home—with an FHA Loan, you could qualify with a 580 credit score minimum.
An FHA Loan might be a good fit if you have:
- A limited budget for a down payment
- Been gifted money for a down payment

Mortgage myths
Don’t let myths about FHA Loans hold you back
Myth #1: FHA Loans are only for first-time homebuyers
Nope! While many first-time buyers utilize this program to help reduce their down payment, anyone can use an FHA Loan so long as they qualify.
Myth #2: Mortgage insurance lasts the life of the loan
Not exactly! Most FHA Loans will have mortgage insurance for the life of the loan. But you have the option to refinance to a Conventional Loan once you have 20% equity in your home.
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Dig a little deeper

What goes into your credit score?
Your credit score affects the mortgage rate you qualify for. Find out the factors that go into it.

Looking for an affordable home? Consider a condo.
Could a starter home help you enter the market? Here’s what to know before you buy a condo.

Limited funds? Look into down payment assistance
A down payment is a common hurdle to homeownership. That’s why there’s down payment assistance.