Loan program

FHA Loans

As little as 3.5% down, flexible credit

FHA loans are government-backed mortgages designed to make homeownership accessible. With as little as 3.5% down and flexible credit requirements, they are one of the most popular paths for Florida buyers, especially first-timers and anyone rebuilding credit.

Who it suits

Who this is for

01First-time buyers without a large down payment
02Buyers with fair or rebuilding credit (580+)
03Anyone who wants lower upfront costs to get into a home
The upside

Why buyers choose FHA Loans

01

Low down payment

Put as little as 3.5% down with a 580+ credit score. On a $350,000 home, that is about $12,250 upfront instead of $70,000 at 20% down.

02

Flexible credit standards

FHA guidelines allow lower scores and shorter credit histories than most conventional loans. Scores between 500 and 579 may still qualify with 10% down.

03

Seller can help with closing costs

Sellers can contribute up to 6% of the purchase price toward your closing costs, lowering the cash you need at the table.

04

Competitive rates

Because FHA loans are government-insured, rates are often competitive with or better than conventional options for the same credit profile.

Requirements

How to qualify

Typical guidelines. Your exact numbers come from the free 60-second check.

01Credit score of 580+ for 3.5% down (500 to 579 may qualify with 10% down)
02Steady, documentable income (about 2 years of history)
03Debt-to-income ratio generally under 50%
04The home must be your primary residence
05FHA mortgage insurance applies (upfront and monthly)
Questions

Common questions

No. Our qualification check uses a soft inquiry only. Your score is not affected until you choose to move forward with a full application.

Zero credit impact

See what you qualify for

Nine quick questions. Zero impact on your credit score. Real answers in about 60 seconds.

Check if I qualify

FHA loans are insured by the Federal Housing Administration. Program terms, limits, and mortgage insurance requirements are set by HUD and the underwriting lender and are subject to change.