Financing / FHA Loans
Low down payment

FHA Loans

Insured by the Federal Housing Administration. Low down payment and more flexible credit requirements.

FHA loans are insured by the Federal Housing Administration, which lets lenders accept lower down payments and lower credit scores than many conventional loans.

Good Fit If

  • You have a smaller down payment (as little as 3.5% with qualifying credit).
  • Your credit history has a few bumps.

Know This

  • FHA loans carry mortgage insurance, often for the life of the loan.
  • The property must meet FHA condition standards — some fixer-uppers and seasonal camps won't qualify.
  • There are county loan limits.
General information only — not a loan offer or financial advice. Program terms, limits, and rates change; confirm current details with a licensed lender.