FHA Loans

FHA loans accept down payments as low as 3.5%. There’s also flexibility in the source of down payment. FHA allows higher qualifying debt to income ratios, co-signers that do not have to live in the home, seller assistance towards buyer closing costs, and more.

No, FHA loans can be used for repeat buyers. 

We have a great comparison guide that digs into the details here.

FHA loans allow the seller to give a “gift of equity” to cover the down payment for a buyer. This typically happens in scenarios where the seller is a friend or family member of the buyer.

You can use gifted funds to cover the cost of a down payment on an FHA loan. Learn more about FHA gift fund guidelines here.

FHA Loan Limits determine the maximum amount of money that you can borrow using an FHA loan. The loan limits update each year. Learn more here. 

Yes, you can refinance your home with an FHA loan. Learn more about FHA refinance options here.

Yes, learn more about this process here.

We cover the basics here. 

Start by filling out a Quickstart application. From there, one of our FHA loan experts will walk you through the process step by step. 

The short answer is yes, but there are rules and guidelines you will need to know.  

Yes, learn the ins and outs of FHA guidelines for student loans here. 

Yes, learn more about financing a new construction home here.  

No, FHA requires that the buyer use the home as a primary residence. 

Not technically, FHA loans are primarily for primary residences only. However, there are special expectations. Read about those here.

Yes, rental income can be used to qualify for an FHA loan. Learn more about FHA rental income guidelines here.

FHA loans have above average flexibility on credit score, but there are still certain minimum standards that you have to meet. Read more here. If your credit isn't perfect, we can help put together a plan to raise it!

We share the specifics in this blog post. 

Yes, and the co-borrower does not have to live in the home with you. Learn more about non-occupant co-borrowers here. 

Generally, the FHA foreclosure waiting period is 3 years.

FHA requires that at least three years have passed from the date of the short sale through the FHA case file number. Although, it is possible to buy with less than three years. Learn more here. 

Yes, but specific FHA guidelines must be followed. 

The FHA bankruptcy waiting period is much shorter than you may think! Learn more here. 

While many home loan programs require collections to be paid off, FHA is pretty lenient when it comes to collections.

Yes, manufactured homes can be financed with an FHA loan. FHA offers a specific loan product for this home type. Learn more.