FHA Loans

Government Backed. Smart Fexibility.

FHA loans aren't just for first-time buyers—they're strategic financing tools for smart property who understand how to leverage government backing for maximum advantage. With flexible qualification standards, low down payment requirements and generous cash-out terms, FHA financing opens doors that conventional loans might keep closed, especially for borrowers building credit or managing unique financial situations.

Available Programs

Loan Terms Options

  • 10-Year Fixed
  • 15-Year Fixed
  • 20-Year Fixed
  • 30-Year Fixed

Rate Type Options

  • Fixed
  • 5/1 ARM
  • 7/1 ARM
  • 10/1 ARM

Specialized Programs

  • 203(k) Renovation Loan
  • Constrcution to Permanent
  • Jumbo
  • Manufactured Title I & II
  • Energy-Efficient Mortgage (EEM)

Refinance

  • Streamline Refinance
  • Cash-Out Refinance
  • 203(k) Renovation Refinance

Why FHA Loans Accelerate Property Ownership

Backed by the Federal Housing Administration, FHA loans remove traditional barriers to property ownership through relaxed credit requirements, low down payments, and flexible income guidelines. While designed for owner-occupied properties, these loans serve as stepping stones for future real estate investors by allowing you to establish homeownership, build equity, and position yourself for portfolio expansion. The key is understanding how to use FHA financing strategically within your broader wealth-building plan.

FHA Qualification Advantages

Credit Flexibility

  • Minimum 580 credit score for 3.5% down payment
  • Minimum 500 credit score 10% down payment eligible
  • Previous foreclosure 3 year waiting period
  • Chapter 7 BK 3 year waiting period
  • Chapter 13 BK 1 year on-time payment history and trustee approval

Down Payment Benefits

  • As low as 3.5% down payment
  • Gifts allowed
  • Grants allowed
  • DPA or Community 2nds allowed
  • Seller concessions up to 6% of purchase price

Income & Employment

  • Flexible debt-to-income ratios with compensating factors
  • Non-traditional credit accepted
  • Accommodating to recent job changes or gaps
  • Self-employed borrowers with limited tax history welcomed

Property Eligibility

  • Primary residence only
  • 1-4 unit property
  • Condo, townhome, manufactured home
  • Fixer-uppers and renovations

Mortgage Insurance Basics

  • Upfront mortgage insurance premium (1.75% of loan amount), typically financing into the mortgage.
  • Annual mortgage insurance premiums range from .15% to .75% based on loan terms, this the monthly portion included your monthy mortgage payment.
  • FHA loans originated after June 2013 - If you made a down payment of 10% or more, MIP is automatically canceled after 11 years.
  • FHA loans originated before June 2013 - MIP could be canceled once you reached 78% loan-to-value (LTV) and had paid for at least 5 years.

Expert FHA Guidance Required

FHA loans offer incredible opportunities, but the guidelines can be complex and constantly evolving. Our specialists understand how to position you for approval while maximizing the program's strategic benefits. We handle the paperwork and headaches so you can focus on finding the right property.

Ready to explore FHA financing options? Contact our government loan specialists for a detailed analysis of how FHA financing fits into your property acquisition strategy.

**FHA loans are subject to HUD guidelines and credit approval. Property must be owner-occupied. Terms and conditions apply. Mortgage insurance required.