Is a FHA loan
right for you?
Worried about a low credit score or not being able to afford a large down payment? With less strict requirements, a FHA home loan may be the right loan for you.


Benefits of a FHA loan
-
FICO Flexibility:
The FHA home loan has less strict FICO score requirements, allowing more people to qualify for a home loan.
-
FICO Flexibility:
The FHA home loan has less strict FICO score requirements, allowing more people to qualify for a home loan.
-
FICO Flexibility:
The FHA home loan has less strict FICO score requirements, allowing more people to qualify for a home loan.
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FHA loan eligibility requirements
- Credit score higher than 500 with 10% down
- Credit score higher than 580 with 3.5% down
- Ability to cover 3.5% down payment
- Reasonable debt-to-income ratio
- Home must be the borrower’s primary residence
